Stakeholder Announcement
We are excited to share some important updates regarding the DeStore token allocation.
After careful consideration and advice from our legal consultants, we have determined that tokens will provide a more liquid and beneficial option for our stakeholders than traditional shares.
It will also allow a more stream-like distribution process for issuing the Initial Stake Pool Offering (ISPO) staking rewards to our stakeholders.
In the best interest of growth and expansion, we will only be issuing tokens to the community as a reward for our ISPO. Stakeholders who have supported DeStore through Astar dApp Staking v3 and InvArch DAO Staking ISPO campaigns will be rewarded twice the amount of DeStore tokens in proportion to their staking rewards.
Simply put, if a staker’s reward were 10,000 DeStore tokens out of 2.1B total initial supply, the staker would now receive 20,000 DeStore tokens out of 2.1B total initial supply!
Please find below the current tokenomics of our DeStore token, with all the relevant information.
Moving forward:
No action is required from our stakeholders, including any personal information shared. The tokens will be automatically distributed to the native addresses originally used for staking with us at the Token Generation Event (TGE).
Please note that we are calculating the token allocation for Astar B2E ISPO v3 Term 2 and InvArch DAO Staking Q3 2024. New DeStore token allocations will be published on our website over the coming weeks. Keep your eyes peeled for the announcement in our socials.
We would like to thank the community for your support of Astar B2E ISPO as we end this successful campaign!
We are also thrilled to announce that, by popular demand, we are extending our ISPO campaign with InvArch.Network. More time to get additional DeStore tokens!
What does the future hold:
The future of DeStore is shining bright! As our community grows, so do our stakeholders. This is just the beginning.
Our next phase includes exciting deliverables such as major partnerships with large companies, the expansion of DeAR v2.0 across multiple chains, and the Token Generation Event (TGE) for the DeStore token.
Shortly, we will share detailed timelines highlighting our achievements, key milestones, and what to look forward to.
This new chapter of DeStore promises growth, success, and opportunities for everyone involved. We deeply value our community and want to express our heartfelt gratitude for your unwavering support — none of this would be possible without you. Thank you!
If you have any concerns or questions, please submit them through this Typeform or join our Discord. We value your feedback!
