Astar Network Unveils Pre-Deposit Campaign For Soneium Projects

The cross-chain blockchain protocol, Astar network has unveiled Astar Surge, a pre-deposit campaign for accelerating its integration with Soneium. This initiative offers ASTR holders an opportunity to contribute to the growth of Astar’s expanding web3 ecosystem and earn rewards.

The pre-deposit campaign is launched in partnership with various Soneium projects including Yay!, Sake Finance, Untitled Bank, SoneX, and Kyo Finance. 

“Astar Surge represents a significant milestone in our mission to connect people to web3 and bring this technology to billions,” said Maarten Henskens, Head of Astar Foundation, adding “By empowering our community with early access to groundbreaking Soneium dApps, we’re not only accelerating ecosystem growth but also ensuring a seamless transition to Soneium’s infrastructure.”

With this move, Astar team and collaborators ensure that liquidity is readily available for migration to Soneium’s infrastructure, laying the groundwork for a robust ecosystem from day one. 

As part of this campaign, to be launched on 18th December, ASTR holders can deposit their tokens into dedicated contracts on Astar’s Layer 1 network. All participants will accumulate points for each dApp separately, which can later be redeemed for project tokens during their respective Token Generation Events (TGEs). 

Once Soneium mainnet is integrated with Astar, users will be able to unlock their assets by signing a transaction to update the bridge contract. 

Read: Polygon Community Plans $1B Initiative To Boost DeFi Ecosystem