Astar News — 4/17/2022

Polkadot P4t
2 min readApr 18, 2022

AstarPass

Astar is introducing the AstarPASS. If you hold an AstarPass, it allows dApps to offer you perks for staking your Astar tokens with them. These can be NFTs, airdrops, or anything else! On a technical level, the AstarPass is a connection between your Astar address and your Astar EVM address.

https://medium.com/astar-network/build2earn-introducing-astarpass-your-exclusive-pass-on-astar-network-259a5fcc38e9

Sirius Finance Launch

On April 16th, 2022, Sirius Finance launched! Besides the exciting news of launching, it went very well! According to their Twitter, they achieved over $1,000,000 of assets in under 5 minutes.

At the time of this writing, they are currently at $17,628,634. This is an incredible accomplishment and shows how strong the Astar community is, and how fast it is growing.

Astar Weekly Update

On April 15th, 2022, the official Astar Twitter posted this tweet:

This was a great week for Astar! The main ones I am paying the most attention to are 350,000 followers on Twitter, 3,000,000 transactions, and 250,000 wallets with an Astar balance. To start off with, 350,000 Twitter followers means that many people are following the token and are interested in where it is going. To put that into perspective, the official Solana Twitter has 1.6 million followers, the official Polkadot Twitter has 1.2 million followers, and the official Avalanche Twitter has 664,500 followers. This is a feat for Astar and they are headed in the right direction. Astar having over 3,000,000 transactions also shows higher on-chain activity. As this grows, it could mean that the current projects are gaining tractions or that more projects are coming to build on Astar. My guess is that it’s a little bit of both. Finally, Astar having over 250,000 wallets with a balance is also a great sign of growth.

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