StellaSwap Collaborates with Astar for Crosschain Launch on Moonbeam’s Pulsar
We’re excited to collaborate with Astar Network, one of Polkadot’s top parachains focused on creating a robust multichain infrastructure by harnessing the power of Ethereum’s Virtual Machine (EVM) and WebAssembly (WASM). Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for the code they write and dApps they build.
Astar’s recent collaborations with titans Sony and Toyota has broken new grounds towards the exploration of blockchain technology in solving real-world problems and unlocking efficiency gains.
This collaboration marks an important milestone in actualizing Polkadot’s vision of interoperability via cross-chain messaging (XCM). As the largest DEX on Moonbeam and Polkadot, it is important for StellaSwap to facilitate the adoption of substrate-native assets.
ASTAR is Coming to Moonbeam!
StellaSwap is excited to facilitate inter-parachain synergies between Moonbeam and Astar. Cross-chain synergies via XCM opens up a world of usecases that are predicated on ease and security. Actualizing further crosschain utilities requires sufficient market depth across decentralized trading venues.
ASTR is the native token of Astar that facilitates network utility and fuels their Build2Earn program. ASTR is primarily used for transaction fees, staking rewards, and collator rewards.
ASTR-DOT Pair Launch
Given the success of Pulsar, we will list ASTR on the first concentrated liquidity AMM on Polkadot. This ensures maximum capital efficiency and sufficient market depth for ASTR.
Here are the details for the upcoming ASTR pool launch;
⭐️ Pair Launch: ASTR — DOT
⭐️ AMM: Pulsar
⭐️ Bridge: Native XCM Transfer (XCM Portal | Guide to transfer ASTR to Moonbeam)
⭐️ Launch Date: 2 March
You can start bridging your ASTR tokens to Moonbeam via XCM here, in preparation for the pool launch.
Astar Network — The Future of Smart Contracts for Multichain Era.
Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability with cross-consensus messaging (XCM) and a cross-virtual machine (XVM). Astar’s unique Build2Earn model empowers developers to receive basic income through a dApp staking mechanism for their code and the dApps they build.
Astar’s vibrant ecosystem has become Polkadot’s leading Parachain globally, supported by major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps. To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers an Incubation Hub for teams of all backgrounds and focuses.
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StellaSwap is a hybrid DEX that features a standard, stable and concentrated liquidity AMM to facilitate the most optimal price discovery for assets on Moonbeam. As the largest DEX and an integrated DeFi gateway, users can access the ecosystem with ease through our native bridge, swap-for-gas feature, as well as various DeFi opportunities in a click of a button.
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