Astar Network Launches Surge Campaign to Boost Growth

• Astar’s Pre-Deposit Campaign rewards ASTR holders.
• The initiative increases Soneium’s liquidity and ecosystem expansion.

Astar Network has launched its long-awaited Pre-Deposit Campaign in cooperation with Soneium. The campaign will go live on December 18, aiming to ease the integration process and offer ASTR token holders the chance to earn rewards as they expand Astar’s Web3 ecosystem. Users can deposit ASTR tokens into specific contracts on Astar’s Layer 1 network to earn points. They can then exchange these points for tokens from a range of dApps in the Soneium ecosystem during their respective TGEs.

According to Maarten Henskens, Head of Astar Foundation, Astar Surge connects the people to Web3 and empowers our community through early access to innovative Soneium dApps, therefore accelerating ecosystem growth and smoother transition to Soneium’s infrastructure.

Partnership with Soneium Projects Guarantees Richer Liquidity

Leading Soneium projects, such as Sake Finance, Yay!, Untitled Bank, SoneX, and Kyo Finance, are to be deployed with pre-deposit contracts by Astar. These contracts are likely to increase the Total Value Locked (TVL) and make the projects more noticeable within the Soneium ecosystem. Astar’s collaboration will ensure easy access to liquidity, enabling a smooth migration to the Soneium infrastructure.

Security is an important area of focus with PeckShield, the leading blockchain security firm auditing pre-deposit contracts. Using ERC-6551 token-bound accounts will ensure users own their tokens while providing security for a smooth transition into Soneium’s Ethereum L2 network. When the Soneium mainnet starts, users will be able to unlock their assets through interoperability protocols such as Chainlink CCIP and LayerZero.

Astar will transfer to Soneium’s Superchain ecosystem in order to become a chain-agnostic Web3 service provider.  It will further enhance mass adoption of Web3 technology around the world as more Web2 users connect with Web3 users. The Pre-Deposit Campaign marks this transformation journey.

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