FAQs

What is Astar dApp Staking?

dApp Staking is Astar’s unique mechanism to financially incentivize developers who build decentralized applications (dApps). By engaging in dApp staking, developers can receive a basic income, which allows them to continue building and enhancing their dApps. Moreover, it allows to build a strong relationship between developers, stakers and users of dApps, where everyone is rewarded.

For detailed information, explore on Astar official website at https://astar.network/

How does Astake help participate in Astar dApp Staking on both chains?

By adopting the battle-tested cross-chain solutions of Chainlink CCIP, Astake offers users seamless, fast, and secure cross-chain services. This enables you to participate in Astar dApp Staking on Soneium without the need to manually bridge your assets.

At Astake, we provide top-level secured convenience, taking care of all the hard work so you can enjoy a hassle-free experience.

Do I pay fee as a Staker?

There’s no fee to be charged among staking. While 10% of the returns from dApp Staking will be allocated as fees to ensure the sustainability of the protocol.

Additionally, users who wish to Quick Unstake through Astake will need to pay a 0.05% fee to bypass the unlocking period inherent in dApp Staking.

What is the Minimum Requirement for Staking?

To prevent dust attacks, a minimum of 100 $ASTR is required to participate in staking.

What does Fixed-Term staking bring?

In Astar dApp Staking, each staking period lasts approximately 122 days. The first 11 days are designated as the Voting sub-period, during which staked funds do not generate returns. However, if the staked amount does not decrease during the following 111 days of the Build & Earn sub-period, an extra bonus of over 5% APR is guaranteed for staker.

Astake's fixed-term Staking is designed to help all stakers achieve this extra bonus from dApp Staking.

What is Standard Unstake and Quick Unstake?

For staked assets in dApp Staking, it typically takes at least 9 days to unstake and unlock. Additional restrictions, such as the maximum number of simultaneous unlocking chunks a staker can have, may also slow down this process. The unlocking period for funds in dApp Staking generally lasts between 9 to 11 days.

Standard Unstake on Astake involves the protocol processing your unstaking request, filing it with dApp Staking, and withdrawing the corresponding funds once the unlocking period ends.

For users with specific needs who wish to skip this process, Astake offers Quick Unstake. This option allows users to immediately withdraw their staked $ASTR and rewards from our Unstaking Pool. While a fee is charged for this service, the actual unstaking process will still take place in the background. Later, these funds will be allocated back into the Unstaking Pool for future Quick Unstakers.

Why do I want to bridge my $wstASTR?

Astake supports both Astar and Soneium chain users in participating in Astar dApp Staking. When users stake their funds, they receive our Liquid Staking Token, $wstASTR, as a staking receipt on the chain where the action occurs. Bridging $wstASTR between on Astake with one click allows users to engage in financial activities with their $wstASTR on both the Astar and Soneium networks and to unstake their assets wherever needed, providing unparalleled flexibility.