The Startale Group announced plans to reinvest revenue generated from the Soneium Layer 2 sequencer in the purchase of AST tokens. This initiative aims to create a self -maintenance cycle that improves Astar’s growth, which is strengthened by the increasing use of soneium.
Soneium: Bridging Web2 and Web3
Launched in January 2025, Sonium is a blockchain of Ethereum Layer 2 developed by Sony Block Solutions Labs (SBSL), a combined adventure between the Sony Group and Startale Labs. The platform is designed to meet challenges such as slow processing speed and high transaction fees associated with the Ethereum 1 layer by handling off-chain processing data and then repairing the main Ethereum network. This method combines Ethereum’s security and decentralization with improved scalability and kindness of the user, facilitates the broader adoption of blockchain technology in various sectors, including recreation, play, and finances.
Astar Network: a partnership partner
The Astar Network, a well -known parachain in the Polkadot ecosystem, has been instrumental in supporting the development of soneium. The collaboration between Astar and Soneium aims to bridge different blockchain ecosystems, expanding soneium capabilities and interaction of interoperability. This collaboration is expected to enhance the user’s experience and provide developers a solid platform for the development of decentralized applications (DAPPS).
Reinvestment Strategy: Ecosystem Strengthening
As an operator of the Soneium Sequencer, SBSL collects fees from on-chain activities. The Startale Group, as part of this joint adventure, receives a portion of this income. The group is dedicated to using a portion of these funds to buy AST tokens in the open market.
“It’s not a purchase. It’s not a short -term signal. It’s a lasting network commitment that has helped Soneium’s life,” Startale mentioned in a statement shared with Alexablockchain.
By scanning the sequencer’s income back to the AST tokens, Startale aims to create a feedback loop where the increase in network activity leads to greater support and growth for both Soneium and Astar.
Total Value Locking (TVL) Growth
Sonium has experienced rapid adoption since its launch, with a total amount locked (TVL) of over $ 45 million in a few months. This growth reflects the platform of the platform in the decentralized financial sector (DEFI) and emphasizes the effectiveness of its cooperation techniques.
Astar Contribution Score (ACS): Participation Insentification
To further encourage active participation within the Soneium Ecosystem, the Astar Foundation introduced the Astar Contribution Score (ACS) campaign. This initiative provides rewards based on the total amount locked (TVL), with 70% of ACS tokens distributed to projects and users that contribute to large liquidity. By providing liquidity to the right projects, participants can earn ACS rewards, thus promoting the growth and maintenance of Astar and Soneium ecosystems.
Developer support and future prospects
The Soneium focuses on empowering developers and creators by providing extensive documentation and handy tools. The platform aims to reduce the barrier for entry for blockchain technology, taking care of a community where change can develop. In support of the extensive knowledge of the Sony Group industry and Startale’s innovative capabilities, the Soneium has prepared to become a foundation of the global blockchain infrastructure, driving the web3 adoption in various cases of use.
By creating a self-reinforcing cycle of growth and support, this initiative reflects the potential of the efforts of cooperating in the development of blockchain technology and strengthening sustainable development within the web3 space.
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Image credits: : Startale