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The Counterparty

Astar chain

layer1 · PageRank 0.0052

Overview

Astar Network was designed as a smart contract hub within the Polkadot ecosystem, functioning as a parachain with ASTR as its native token. The project is led by Sota Watanabe and his team. Originally launched under the name Plasm Network, it was rebranded to Astar Network in September 2021, with its mainnet going live on 17 January 2022. A key technical feature is its dual support for both EVM and WASM smart contract environments, enabling seamless migration of Ethereum-based applications while also supporting WASM-native contracts, underpinning its role as a multi-chain smart contract hub. ASTR serves as a gas fee token, a governance token for proposing and voting on network policies, and a staking reward. The network’s distinctive economic model, dApp staking, incentivizes stakers to delegate ASTR to specific dApps and infrastructure, directly supporting developers while earning rewards. The project began as Plasm Network, rebranded in September 2021, and launched its mainnet on 17 January 2022 as a Polkadot parachain.

Within The Counterparty graph, Astar connects to 7 tracked entities, most strongly to USD Coin, Tether USD, Dai.

Relations

Top connections in The Counterparty knowledge graph (confidence-weighted, 7 of 7 total).

RelationConnected entityConfidence
deployed_onUSD Coin95%
deployed_onTether USD95%
deployed_onDai95%
deployed_onPolkadot95%
deployed_onBinance USD95%
deployed_onBinance Peg BUSD95%
built_withSubstrate95%

Frequently asked questions

What is Astar?

Astar is a layer1 tracked in The Counterparty knowledge graph. It is connected to 7 other tracked entities, most strongly to USD Coin, Tether USD, Dai.

What type of entity is Astar?

Astar is classified as a layer1 (chain) in The Counterparty knowledge graph.

What is Astar connected to?

In The Counterparty knowledge graph, Astar is linked to 7 other tracked entities, most strongly to USD Coin, Tether USD, Dai.

Sources

Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.