DAstra Network: How To Make Your Token Valuable?

In the world of cryptocurrencies, the success of a token largely depends on its value. A valuable token not only attracts investors but also creates a strong foundation for the growth and sustainability of a project. So, how can you make your token valuable? Let’s explore some key strategies.

Utility

First of all, tokens that have clear utility and multiple use cases tend to be more valuable. Ensure that your token serves a purpose within your ecosystem. It could be used for transactions, accessing exclusive features, or as a governance tool. By providing tangible value and benefits to token holders, you create a strong incentive for people to acquire and hold your token. A token can symbolize a stake in your startup or an in-game asset if your project is a game. An easy way to add value to a token is to add a staking mechanism to your ecosystem. Offering token holders access to exclusive activities, information, products, or services can also enhance the token’s value

Strong Community

A strong and engaged community is crucial for the success of any token. Foster a community of supporters who believe in your project’s vision and actively contribute to its growth. Encourage discussions, provide regular updates, and actively engage with your community members through social media channels, forums, and events. A vibrant community not only boosts the token’s visibility but also creates a sense of trust and value.

Token Constructor

To make your token valuable, you need to… create it. To do this you need to select a suitable service, for example DAstra Network.

DAstra Network is a token constructor and launchpad that enables startups and businesses to create token for their projects and secure funding for their innovative solutions. By issuing tokens on the platform, startups can easily attract funding.

DAstra Network operates using Web3 technology: we utilize smart contracts and blockchain technology Instead of directly handling investor capital funds raised for startups are securely stored in a smart contract as an escrow account until the end of the fundraising round. This approach ensures transparent and reliable transactions while providing enhanced protection against cyberattacks. Once the fundraising is successful, the project author can withdraw the funds to further develop their project. 

Of course, we also have our own native token with utilitarian value called DAN.

DAO participation

Firstly, the DAN token provides the opportunity to participate in the management of our project. If a user has at least 10,000 DAN tokens, then he can already become a member of our DAO (decentralized autonomous organization) and determine the development strategy of our project. In addition, DAO members receive 2% of the investments they attract.

Staking

Soon we also plan to add staking for users who have 10,000 or more DAN tokens. The following staking formula will be used:

Current amount (TVL) deposited in the contract: V, current balance: X.

Distribution percentage:

(X/100) if V>=30,000,000 – flexible rate up to 13%

((X/100)/30,000,000)*V if V<30,000,000 – fixed rate of 13%

Accrual period – every second.

When staking, stakers receive stDAN tokens at a 1:1 ratio to their wallet balance, with the token value increasing as the staking deposit grows. stDAN tokens cannot be transferred.

Deposits can be made starting from 1 token.

Withdrawals can be made starting from 1 token. Upon withdrawal, stDAN tokens are converted at a 1:1 ratio to DAN.

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