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How to buy ASTR (ASTR)
What is ASTR (ASTR)?
Astar Network, formerly known as Plasma, is a decentralized application platform that supports the Ethereum Virtual Machine (EVM) and WebAssembly, making it interoperable with various Layer-1 and Layer-2 blockchain networks. Deployed as a Polkadot parachain, Astar Network benefits from the Relaychain's security while enabling smart contract functionality at scale.
The network's native token, ASTR, is used for transaction fees, staking, and on-chain governance actions like voting. Astar Network supports decentralized finance apps, nonfungible tokens and decentralized autonomous organizations.
Users staking ASTR can nominate applications to receive a share of block rewards, creating a powerful incentive for developers to deploy applications on the network. Notable investors in the Astar Network include Hypersphere, Fenbushi Capital, HashKey Capital and Blockdream Ventures.
ASTR FAQ
- Cryptocurrencies, such as ASTR, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
- Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as ASTR have been created as well.
- Check out our ASTR price prediction page to forecast future prices and determine your price targets.