Multi-chain smart contract network Astar Network made a strategic decision to burn 350 million $ASTR tokens, which accounts for 5% of its total supply. This strategic move follows a governance vote and showcases a strong commitment to token holders and the project’s long-term value
This move indicates the network’s commitment to optimizing token circulation and enhancing value for its users. By reducing the token supply, Astar Network aims to increase scarcity and potentially drive up demand, fostering a more sustainable and robust ecosystem.
