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Astar Network Kickstarts the DOT Festival!

by Astar Network May 30th, 2022

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Astar is working with major ecosystem projects to ignite the network by creating a deep pool of DOT on Astar. ArthSwap, Starlay, and AstridDAO will launch DOT-related pools with increased farming rewards through this campaign. The DOT Festival will take place over 3 events, each lasting 7–10 days. Each event will launch a new liquidity pool for the community to stake their DOT to and present a new opportunity to earn bonus $ASTR rewards. The first event of the DOT Festival starts next week!

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featured image - Astar Network Kickstarts the DOT Festival!

05/26/22 — The moment you’ve been waiting for is finally here!

Astar DOT Festival is starting in 3 days — so get ready to hit the jackpot. We have 6M Astar tokens waiting for you to join in the fun!

We are excited to announce that ArthSwap, Starlay, and AstridDAO will launch DOT-related pools with increased farming rewards through this campaign. Plus, 6,000,000 $ASTR bonus rewards from Astar have been dedicated to further bootstrap the launch of these pools!

Astar is working with major ecosystem projects to ignite the network by creating a deep pool of DOT on Astar.

The DOT Festival will take place over 3 events, each lasting 7–10 days. If you stake in the DOT pools you will not only receive that project’s native token, but also $ASTR rewards.

Each event will launch a new liquidity pool for the community to stake their DOT to and present a new opportunity to earn bonus $ASTR rewards! Participate in all three events of the DOT Festival to maximize rewards earned.

Astar is bringing this 6M $ASTR to grow the DeFi ecosystem and showcase the power of Cross-Consensus Messaging (XCM) on Polkadot.

Transferring DOT from the relay chain to Astar creates new utility and unlocks a huge potential for DOT as a valuable asset on Astar. We are committed to building the interoperable Web 3 future of Astar by bringing new value and utility to the Polkadot ecosystem.

Our first event of the DOT Festival starts next week! Begin moving your DOT to Astar Network to ensure you can join the fun, too.

For more information on how to participate in the DOT Festival, please visit: https://docs.astar.network/dot-festival/introduction

About Astar Network

Astar Network is the Smart Contract Hub for WASM + EVM and the top Parachain on Polkadot in Total Value Locked + Most Ethereum Assets. Since winning its Parachain auction in January 2022, Astar Network has become the top Parachain in the Polkadot ecosystem in Total Value Locked and most Ethereum assets transferred over. Astar Network is the leading smart contract hub that connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains. Astar Network supports dApps using multiple virtual machines — namely WASM and EVM — and offers the best technology solutions and financial incentives via its Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable, and interoperable blockchain.