Astar Network is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2 solutions such as ZK Rollups. Astar aspires to be a multi-chain smart contract platform that can support a variety of blockchains and virtual machines. Smart contracts are not supported by the Polkadot Relay Chain. As a result, it's critical for the Polkadot ecosystem to have a parachain that allows all developers who want to create in the Polkadot ecosystem to do so.
Astar's utility and governance token is called ASTR. To pay for gas and execute smart contracts, users will need ASTR tokens. Holders of ASTR tokens can nominate council members and vote on the network. Users can also delegate their ASTR tokens to projects building on the Astar network to obtain ASTR.
Layer 2 application status will be maintained using ASTR tokens. Developers must deposit ASTR on the Astar Network layer 1 while deploying dApps on layer 2.
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