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Japanese blockchain Astar proposes $38 million token burn

Developers of Japanese dApp and layer-two solution Astar Network are proposing to burn 350 million ASTR tokens, worth $38 million at the time of publication, to improve its tokenomics.

In the short term, burning a significant portion of the ASTR supply will reduce inflationary pressures and potentially increase the token’s market value.

This is community-generated content, not advice from ONUS.
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