Utility access - Using the core products of the platform, such as asset investing, will not require holding ASTRADAO tokens. However, only ASTRADAO token holders will be able to vote, add their indices, or join the network as index managers and harvest performance fees.
Mean of reward - The ASTRADAO token will be used as a reward for network participants, paid out in staking rewards, liquidity provider (LP) rewards, and structured airdrops.
Development fund - Part of Astra's treasury pool will be reserved for the ongoing development and improvement of the network by funding development grants, bug bounties, and improvement ideas.
Treasury reserve - Astra's treasury will maintain a healthy supply and demand for the ASTRADAO token. The treasury will execute monetary policy as a long-term strategy to stimulate the healthy growth of the network.
Voting - ASTRADAO token stakers will be able to participate in voting, submit voting proposals, and act as DAO governors (if they are among the top 100 holders). This process is described in detail in the governance section.
Staking - Network participants will benefit from the staking protocol. In the early stage of network development, staking expenditures will be covered using the reward protocol. As the network develops, staking will be covered with network fees managed by the treasury pool.
The total supply of Astra tokens is initially capped at 100 Trillion tokens. The supply will only increase or decrease if the DAO votes to implement minting or token burn capability. Astra DAO community will completely control when to pause and unpause ASTRADAO token transfers. This can be done only through a successful proposal created by a DAO community member.
- ASTRADAO token distribution
- ASTRADAO TGE