Validators process transactions and receive fees from users (supply-side fees).

Astar is a collective driving web3 adoption by connecting people through blockchain technology, business innovation, decentralized applications, and seamless digital experiences in the Polkadot ecosystem. Astar was founded by Sota Watanabe and launched in 2021.

ASTR tokenholders own and govern the protocol. Part of the transaction fees is burned (revenue). Astar’s investors include Binance, Polychain Capital, Crypto.com, etc.

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Astar

# Astar Token incentives Methodology

## 1. Overview

Token incentives for Astar represents the daily amount of ASTR tokens minted as block rewards for the dApp staking system. This metric captures the inflation-based rewards distributed to dApp operators and stakers on the Astar network. At every block, a portion of the network's inflation is allocated to dApp staking, and these rewards are tracked as token incentives to quantify the economic incentives provided to ecosystem participants.

## 2. Data sources

- **Astar blockchain event logs**: Raw event data from the Astar blockchain containing all network events with timestamps, block numbers, event methods, pallets, and associated data
- **CoinGecko end-of-day price feeds**: Daily closing prices for ASTR token used for USD conversion
- **Token metadata**: Decimal precision and identification data for ASTR token

## 3. Step-by-step calculation

### Component A: Raw event processing
- **Purpose**: Extract and standardize all Astar blockchain events for further processing
- **Logic**: All blockchain events are extracted from raw Astar event logs. Timestamps are truncated to daily boundaries to enable daily aggregation. Events include metadata such as block number, event index, event method, pallet information, and associated event data arrays.
- **Key fields**: `timestamp` (truncated to day), `block_number`, `event_method`, `event_pallet`, `event_data` array

### Component B: Block reward identification
- **Purpose**: Identify and extract specific events that represent block rewards for dApp staking
- **Logic**: Events are filtered to include only those from the `balances` pallet with the `Minted` method. These events represent the inflation-based rewards allocated to dApp staking at each block. The reward amount is extracted from the second element of the `event_data` array and converted from micro-ASTR to ASTR by dividing by 10^18 to account for token decimal precision.
- **Key fields**: `amount` (converted from micro-ASTR to ASTR), `timestamp`, `block_number`, `event_index`

### Component C: Daily aggregation
- **Purpose**: Sum all block rewards within each day to calculate total daily token incentives
- **Logic**: Block rewards are grouped by daily timestamp and summed to calculate the total token incentives distributed each day. Each record is tagged with metadata including product ID (`Astar Substrate`), chain ID (`astar`), CoinGecko ID (`astar`), and reward type (`Block rewards`).
- **Key fields**: `token_incentives` (sum of daily rewards), `daily_timestamp`, `product_id`, `chain_id`

### Final aggregation
- **Combining components**: Daily ASTR reward totals flow directly into USD conversion without additional combining
- **Currency conversion**: ASTR amounts are converted to USD using CoinGecko end-of-day price feeds for the ASTR token, matching on date and CoinGecko ID
- **Time aggregation**: Data is aggregated at daily boundaries with timestamps truncated to day level
- **Final calculation**: The final metric represents the USD value of daily ASTR block rewards minted for dApp staking incentives, with schema finalization ensuring consistent field structure and zero-filling for any data gaps

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of native tokens distributed as incentives.

AstarASTR

Token incentives

Token incentives

Competitive landscape

Chain breakdown