Wrapped ASTR
WASTR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
WASTR (Wrapped ASTR) is an ERC-20 wrapper representation of Astar Network's native ASTR token, primarily associated with the ArthSwap protocol. While the underlying Astar Network demonstrates active development (such as the Runtime 2000 upgrade in January 2026), the WASTR wrapper itself lacks independent development repositories, social presence, or dedicated community channels. Furthermore, there is a complete absence of verifiable audit documentation for the wrapper contract, presenting structural smart-contract and counterparty custody risks. A data gap was noted in the Team and Governance section due to insufficient verifiable data, requiring its weight to be redistributed. The tokenomics also present tracking discrepancies between data aggregators and on-chain metrics, while offering no independent utility beyond EVM DeFi wrapping. No affirmative red-flag security events or malicious incidents were found.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Wrapped ASTR (WASTR)
Wrapped ASTR (WASTR) is an ERC-20 wrapped derivative representing the native ASTR token on the Astar Network, primarily associated with the ArthSwap protocol. The token functions as a wrapper designed to facilitate the use of native ASTR within EVM-compatible decentralized finance (DeFi) applications. While WASTR inherits the underlying economic framework of Astar Network's Tokenomics 3.0—which includes emission decay and an inflation ceiling—it does not possess an independent product, fee-capture mechanism, or distinct deflationary design. Holding WASTR also forfeits the yield-generating dApp staking utility present in native ASTR.
Development and maintenance of the asset depend entirely on the underlying Astar Network infrastructure, which underwent a network upgrade to Runtime 2000 via on-chain governance in January 2026. However, there are no wrapper-specific public software repositories, tagged releases, or independent social and community channels dedicated to WASTR.
WASTR is subject to structural smart-contract and counterparty custody risks tied to its issuing protocol. Section evaluations note an absence of verifiable independent security audit records for the wrapper contract, as well as insufficient public data regarding its specific team, governance framework, and custodial mint and burn mechanics. Additionally, notable tracking discrepancies exist across data sources, such as an on-chain total supply of approximately 26 million recorded on Blockscout compared to reported circulating figures of 150 million on CoinGecko. No exploits, depeg events, or regulatory actions were reported for the wrapper contract.