Astar (ASTR) is a multi-virtual machine
Layer-1 blockchain on Polkadot, supporting
EVM, WASM, and
ZK rollups for flexible
dApp deployment with high scalability and
interoperability across parachains. Founded by Sota Watanabe in 2019, it features dApp staking where users allocate ASTR to projects for shared rewards, enabling developers to build without bootstrapping liquidity. The ASTR token powers
staking for security, governance through
DAO voting, and ecosystem incentives in a Polkadot-connected network focused on
Web3 innovation.
When Did Astar Launch?
Astar was founded in 2019 by Sota Watanabe as Plasm Network, winning a Polkadot parachain slot in 2021 and launching mainnet in 2022 with ASTR token. Milestones include 2023 dApp staking v2 for better rewards, 2024 Astar zkEVM deployment, and 2025 cross-VM expansions with high TVL growth by December 2025.
What Are the Key Features of Astar?
Astar features multi-VM support (EVM, WASM, ZK) for developer choice and optimal performance, dApp staking for revenue sharing without liquidity bootstrapping, Polkadot parachain interoperability via IBC for cross-chain assets, high TPS with low fees through sharding and rollups, governance DAO for parameter changes and treasury, and audited security for gaming,
DeFi, and enterprise dApps in a connected ecosystem.
What Is ASTR Used For?
ASTR is used for staking to
validators and dApps for rewards and security, voting on governance for upgrades, paying fees, providing liquidity for yields, and accessing premium parachain features like cross-chain transfers.
What Is the ASTR Token Utility?
ASTR secures parachain staking for validation and rewards, powers governance votes on treasury and parameters, covers fees with burns for deflation, incentivizes dApps via staking shares, and funds ecosystem growth through treasury for integrations.
What Blockchain Does Astar Operate On?
Astar is a Polkadot parachain Layer-1 with multi-VM (EVM/WASM/ZK) for flexibility and IBC interoperability.
What Are ASTR Tokenomics?
ASTR features inflationary rewards for dApp staking with ~1B circulating as of December 2025. Allocation: dApp incentives, validators, team vested, treasury; balanced by burns.
How To Securely Store ASTR
ASTR works with the most popular crypto wallets that support Polkadot-based assets. The easiest way to engage with ASTR is through
BingX Spot Market where users can buy, sell, and hold tokens securely without managing private keys or additional wallet setups. This approach offers exchange-level security, a custodial wallet service, and instant trading access, making it convenient for new and experienced users alike. This token is also compatible with leading self-custody wallets such as Polkadot.js and Talisman along with other major Polkadot-compatible wallets and hardware options like
Ledger. These wallets give users full control over their private keys and allow direct participation in decentralized applications, platform features, staking, governance, and cross-network transactions within the Astar ecosystem. By adding the Astar network and importing the ASTR token, users can enjoy secure and seamless access to all platform utilities and rewards.
Is ASTR a Good Investment?
Astar provides multi-VM scalability on Polkadot with inflationary dApp staking rewards. As of December 2025, ~1B circulating supports mid-cap valuation with parachain growth, benefiting from Polkadot ecosystem and developer tools, though faces L1 competition. Audited multi-VM offers edge and mid-cap Polkadot play for diversified holdings with independent research recommended.