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Astar Network is a scalable, interoperable Web 3.0 infrastructure. Astar tokens are utility tokens of the Astar network and have the following five functions: dApp staking, NPoS staking, trading, on-chain management, and Layer 2.
Astar Network is a multi-chain multi-virtual machine DApp center based on Polkadot. It natively supports Ethereum Virtual Machine (EVM), WebAssembly, Layer2 expansion solutions and mainstream Layer1 blockchains. The Polkadot relay chain is not designed to support smart contracts, so DApp developers need smart contract parachains with superior performance and scalability. In addition, Astar also supports multiple mainstream Layer1 blockchains. The Astar ecosystem has achieved rapid organic growth, and multiple teams are building decentralized applications including synthetic assets, stable coins, and multi-chain DEX.