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Cryptocurrency News Articles
Astar Contribution Score (ACS) Drives Soneium's Ecosystem Growth
Apr 12, 2025 at 04:20 am
The Astar Contribution Score (ACS) campaign significantly boosts the Soneium ecosystem, achieving major milestones and integrating innovative projects
In the rapidly evolving landscape of blockchain technology, Astar is spearheading innovation with its Astar Contribution Score (ACS) campaign. As this initiative reaches the halfway mark of its 100-day run, it has already made a significant impact on the Soneium ecosystem.
Launched on February 20, 2025, the ACS campaign is focused on deepening the adoption and economic sustainability of the ASTR token. With a reward pool of 100 million ASTR tokens distributed over ten 10-day seasons, the campaign rewards significant contributions to the network.
At the midpoint of the campaign, several key milestones have been achieved. Total Value Secured (TVS) has risen to $84,138,063, showing a 140% growth from the start of the campaign. Moreover, over 64 million transactions have been processed, demonstrating increased user activity and engagement.
To expand liquidity and user options, new assets like SolvBTC.JUP, USDT0, and uBTC have been included in the campaign. Furthermore, adjustments have been made to TVL multipliers to maintain optimal performance. For instance, SolvBTC and xSolvBTC multipliers have been reduced from 1.1x to 0.8x, while USDC’s multiplier has been increased to 1.2x.
Among the projects that have joined the ACS ecosystem are CoNFT, 2p2e, VibeHit, WORLD3, and Path of Soneium. These projects bring diverse strengths and experiences, such as CoNFT's focus on cross-chain NFT composability and 2p2e's contributions to Web3 gaming.
One notable highlight is Evermoon, which has seen phenomenal growth with over 200K unique wallets and 2.44 million transactions, showcasing the potential for cross-platform growth within the ACS initiative.
Another key addition is Kyo Finance, which has emerged as a core DeFi engine with over $45.16M in TVL and $237M in total trading volume, highlighting ACS's role in driving liquidity and native token velocity.
Looking ahead, the ACS campaign will continue diversifying its ecosystem by integrating more projects relevant to Astar's vision. Optimization of contribution channels and deeper engagement with community members will also be prioritized.
Despite the impressive progress, the ACS campaign is not a short-term initiative but a strategic move to enhance network depth and economic alignment, ensuring Astar's role as the infrastructure layer of the Soneium ecosystem.
With momentum building and ample opportunities for participants to earn and contribute, the second half of the Astar Contribution Score campaign promises even greater innovation and community engagement.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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