Hassan Maishera
On Tuesday, Astar Network announced via X that the Swapper SDK is now live on Astar Network. Thanks to this support, protocols building on Astar can now integrate onramp and cross-chain deposit flows directly into their applications.
Applications on Astar can now offer direct deposits to users. The onboarding step becomes part of the product.
Users can deposit into Astar directly with a card, CEX, or Web3 wallet. Builders on Astar can integrate the Swapper SDK to bring the same onboarding flow into their apps.
Astar Network is a multi-chain dApp hub on Polkadot. The platform offers users various features, including dApp staking, L2 solutions, gas, and grants.
Astar is a web3 collective building products that bring users onchain and generate long-term value for ASTR.
It operates as a multi-chain ecosystem that coordinates products and contributors through a shared economic and governance framework. At the center is Astar Network, which provides the foundation for governance, security, and economic alignment across the ecosystem. Astar supports a growing set of products and integrations designed to drive real onchain usage and sustainable economic activity.
The network is built on Parity Substrate - a web 3.0 blockchain-building platform. Networks like Astar that build on Substrate benefit from features like upgradable blockchains, modular architecture, customizable block execution logic, and hot-swappable consensus. In other words, it's a framework built specifically for quick and easy blockchain development.
In addition to the Substrate modules, Astar offers features such as:
Operator trading: a mechanism for buying and selling dApps that allows you to tokenize smart contracts, transfer ownership to other users, or assign other users as operators.
Multi-Lockdrop: a modified Lockdrop which lets you distribute tokens across a network. Participants lock tokens from other blockchains for a pre-set time period, and native tokens are distributed between token holders over time. This method encourages users to participate in the life of the network.
DApps staking & dApp rewards: Astar’s monetization model centers on a reward system for dApp developers who contribute to the growth of the ecosystem and add value to Astar Network. There’s a division of the reward per block, where 50% of the reward is distributed among developers of dApps (10% to nominators and 40% to operators aka smart contract administrators), and the other 50% is distributed among validators. This instrument encourages nominators to stake on smart contracts, which in turn increases the value of the ASTR token.
Its native ASTR token is down 4.3% today, trading at $0.004955.
