Astar zkEVM updates

The daily transactions on @AstarNetwork's zkEVM have seen a remarkable surge, skyrocketing by 800% since the onset of March. This surge comes at a time when gas fees are notably decreasing, indicating a favorable environment for increased activity.

Astar's zkEVM, driven by the robust infrastructure of Polygon CDK, stands out as a pioneering chain seamlessly integrated into the AggLayer ecosystem. This integration not only facilitates smoother transactions but also signifies a significant step forward in the evolution of decentralized finance and blockchain technology.

The integration of $ETH fees on Astar's zkEVM into $ASTR tokens represents a strategic move towards enhancing tokenomics and reducing inflationary pressures. Through this mechanism, $ETH fees will be converted into $ASTR and subsequently burned, thereby exerting deflationary pressure on the token supply.

This not only strengthens the value proposition of $ASTR but also contributes to the overall sustainability of the ecosystem. Additionally, the buyback initiative, which is yet to commence, will be orchestrated by a partner Market Maker utilizing profits generated from $ETH fees. This innovative approach underscores Astar's commitment to optimizing efficiency and fostering long-term viability within its decentralized infrastructure.

AlchemyPay, a leading platform facilitating the convergence of fiat and crypto economies, has entered into a strategic collaboration with Astar Network to incorporate $ASTR token offerings and Astar zkEVM services. This partnership marks a significant milestone in bridging traditional financial systems with the innovative capabilities of blockchain technology.

By integrating $ASTR token offerings, AlchemyPay opens up avenues for seamless transactions and accessibility to the burgeoning crypto market. Furthermore, the integration of Astar zkEVM services enhances the efficiency and scalability of transactions, laying a solid foundation for accelerated adoption and utilization of decentralized finance solutions.

Together, AlchemyPay and Astar Network are poised to redefine the landscape of digital payments and blockchain-based financial services, driving forward the democratization of finance on a global scale.

With accessibility spanning across 173 countries and a network encompassing over 300 local payment channels, including prominent platforms like Visa, Mastercard, Apple Pay, and Google Pay, $ASTR stands at the forefront of fostering mass adoption in the digital currency landscape.

This widespread availability not only ensures convenience for users but also facilitates seamless integration of $ASTR into everyday transactions, thereby accelerating its adoption globally.

By tapping into such a diverse array of payment channels, $ASTR paves the way for individuals worldwide to participate in the burgeoning decentralized finance ecosystem, unlocking new opportunities and driving forward the democratization of financial services on a truly global scale.

  • 170 countries
  • 50 currencies
  • 300+payment channels

In a grand spectacle set amidst the vibrant streets of Seoul, South Korea, Astar Network is preparing to mark the highly anticipated launch of its zkEVM on March 25th, from 3 PM to 7 PM KST. This celebratory event not only signifies the culmination of dedicated efforts but also underscores Astar Network's deep-rooted connections and widespread adoption within the country.

Attendees can anticipate an immersive experience filled with excitement and innovation as they witness the dawn of a new era in blockchain technology. As an added bonus, participants will be rewarded with a special $OMA token airdrop, further enhancing the festive atmosphere and symbolizing Astar Network's commitment to rewarding its community for their unwavering support and enthusiasm.

The ecosystem is abuzz with the launch of the pioneering memecoin, $HAHA, which has made its debut on Quickswap, making waves by swiftly amassing over $1.5M in market capitalization and boasting an impressive daily trading volume of $124K within a matter of days.

This remarkable success highlights the growing interest and enthusiasm surrounding meme-inspired cryptocurrencies within the decentralized finance landscape. With its rapid ascent, $HAHA not only captivates the attention of investors but also underscores the dynamic and ever-evolving nature of the digital asset market.

As the first of its kind, $HAHA sets a precedent for future meme tokens, signaling a new frontier in cryptocurrency innovation and community-driven initiatives.


For Pokémon enthusiasts, the excitement ramps up as the RWA season launches on Astar's zkEVM through #PACKS, providing a thrilling opportunity for all Pokémon card collectors to engage with Trading Card NFTs. This initiative brings the beloved world of Pokémon into the realm of decentralized finance, offering a unique fusion of nostalgia and innovation.

With #PACKS, enthusiasts can embark on a journey to collect and trade their favorite Pokémon cards in the form of digital assets, opening up a new dimension of possibilities for the Pokémon community. As the RWA season unfolds, it promises to captivate fans with its immersive experience and pave the way for further integration of iconic franchises into the burgeoning blockchain ecosystem.

Driven by community initiatives, the integration of the ASTR-USD pair into dYdX Chain marks a significant milestone in promoting interoperability and advancing towards a multi-chain future. Through a collaborative voting process, community members have championed the inclusion of this vital pairing, underscoring the decentralized ethos at the heart of the blockchain ecosystem.

This integration not only enhances accessibility to ASTR tokens but also fosters seamless interaction between different blockchain networks. As dYdX Chain embraces the ASTR-USD pair, it signals a broader trend towards interconnectedness and collaboration within the decentralized finance space, ultimately empowering users and propelling the industry towards greater innovation and inclusivity.

@StartaleHQ has revealed exciting opportunities with job openings spanning across UÉ, Singapore, UAE, Japan, and the USA, signaling its global expansion and commitment to talent acquisition. These openings encompass a diverse range of roles, catering to individuals with varied skill sets and expertise.

From software development and engineering to marketing and business development, Startale offers positions that promise growth, innovation, and the chance to make a meaningful impact in the ever-evolving tech landscape. With its presence in multiple key regions, Startale provides a platform for professionals to thrive in dynamic environments, contributing to groundbreaking projects and shaping the future of technology on a global scale.

  • Senior Design
  • Blockchain Backend Eng
  • Blockchain Frontend Eng
  • Blockchain Infrastructure Eng
  • Senior Blockchain Protocol Eng

https://wellfound.com/company/startale-labs/jobs

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PitcoinPost author

Web 3. 0 enthusiastic - Polkadot & Astar Network ambassador

Welcome to the Pitcoin diary. Be prepared for an immersion in Polkadot, Kusama, and Astar Network ecosystem. Everything I write is my personal opinion - don't expect anything but chaos.

Polkadot Senior Ambassador and Astar Network all-star ambassador.

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Welcome to the Pitcoin diary. Be prepared for an immersion in Polkadot, Kusama, and Astar Network ecosystem... Show More