Startale Group has announced plans to reinvest the income generated by the sequencer of Capa 2 of Soneium in the purchase of Ast tokens. This initiative aims to create a self -sufficient cycle that improves the growth of Astar, driven by the growing use of Soneium.
Soneium: Web2 and Web3 Bridge
Run in January 2025, Soneium is an Ethereum Layer 2 block chain developed by Sony Block Solutions Labs (SBSL), a joint business between Sony Group and Startale Labs. The platform is designed to address challenges such as slow -and -high processing rates associated with the Ethereum layer 1 Chain and then establish themselves on the main network of Ethereum. This approach combines the security and decentralization of Ethereum with greater scalability and ease of use, facilitating the broader adoption of blockchain technology in several sectors, including entertainment, games and finance.
Astar Network: A collaborative partner
Astar Network, an outstanding paratrooper in the Polkadot ecosystem, has been fundamental to support Soneium’s development. The collaboration between Astar and Soneium aims to unite different blockchain ecosystems, expand Soneium capabilities and promote interoperability. This association is expected to improve user experience and provide developers with a solid platform to build decentralized applications (DAPPS).
Restaring strategy: strengthen the ecosystem
As operator of the Soneium sequencer, SBSL collects activities of activities in the chain. Startale Group, as part of this joint company, receives a part of this income. The group has pledged to use a part of these funds to buy Ast tokens in the open market.
“This is not a repurchase. It is not a short -term sign.
By channeling the revenue of sequencing to Ast tokens, Startale aims to create a feedback cycle where a greater activity of the network leads to greater support and growth for Soneium and Astar.
Total Blocked Value (TVL) Growth
Soneium has experienced rapid adoption since its launch, with its total blocked value (TVL) exceeding $ 45 million in a few months. This growth reflects the growing role of the platform in the decentralized finance sector (DEFI) and underlines the effectiveness of its collaboration strategies.
Astar contribution score (ACS): encourage participation
To further encourage active participation within the Soneium ecosystem, the Astar Foundation introduced the Astar contribution score campaign (ACS). This initiative assigns rewards based on the total blocked value (TVL), with 70% of ACS tokens distributed to projects and users that contribute substantial liquidity. By providing liquidity to eligible projects, participants can obtain ACS rewards, thus promoting the growth and sustainability of Astar and Soneium ecosystems.
Support for developers and future perspectives
Soneium undertakes to train developers and creators by providing extensive documentation and easy -to -use tools. The platform aims to reduce the entrance barrier for blockchain technology, promoting a community where innovation can prosper. With the support of the extensive knowledge of the Sony Group industry and the innovative capabilities of Startale, Soneium is ready to become a cornerstone of Blockchain’s global infrastructure, promoting the adoption of web3 in several cases of use.
By creating a cycle of growth and support of self-reference, this initiative exemplifies the potential of collaboration efforts to advance blockchain technology and foster sustainable development within the web3 space.
Read also: Hashgraph Lanza Hashsphere, a private block chain for highly regulated companies
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