Today, we are thrilled to share with you the great news: Algem has been accepted to join the Astar Network Builders Program!
What is the builders program?
The Astar builders program was created by Stake Technologies, the company behind Astar, to help the development and growth of the ecosystem by supporting and assisting the teams that build on Astar.
By joining the builder program, teams have access to various benefits such as technical support, network and fundraising support, and marketing support. See the Astar doc to learn more.
How will this benefit Algem?
After submitting our application to the builders program on the forum and answering the questions from the council at an AMA with the ambassadors, we passed the vote and were accepted into the program.
Joining the Astar Builder Program was a really important and necessary step that we wanted to take before launching Algem. Being part of the program will allow us to build a better, more successful and secure product by receiving technical support, development support and guidance from the experienced Astar Network team.
Once launched on Astar, Algem will also be deployed on the dApp staking portal and ASTR holders can stake their tokens to show their support to Algem in its development.
Thank you for the support from the council and stay tuned, we have some good news coming next week!
Algem is a decentralized application on top of Astar Network and is developed around two main features offering different solutions for ASTR holders to remain liquid with their assets. The liquid staking and liquid earning solutions allow users to continue to earn staking rewards and increase their revenue by using liquid nASTR tokens across the defi ecosystem of Astar. On the other hand, Algem supports other defi protocols by providing liquidity, creating a sustainable and cooperative ecosystem on Astar Network.