Wrapped stASTR
WSTASTR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
WSTASTR (Wrapped stASTR) is a wrapped yield-bearing liquid staking derivative on Soneium and Astar for Astake. Active Development and Team & Governance had insufficient data available to generate section scores. Across the evaluated sections, WSTASTR demonstrates a clean supply model with no vesting overhang (Tokenomics: 5.0/10), but suffers from extreme illiquidity, negligible 24-hour volume ($28–$74), minimal organic community engagement (Community Support: 2.5/10), and a narrow market niche with steep competition (Market and Use Case: 2.0/10). Security is rated 4.0/10 due to unverified audit claims from PeckShield and a significant one-year drawdown of ~76%, although no smart contract exploits, hacks, or regulatory actions were identified. The overall score of 3.5 is calculated from the proportionally re-weighted active sections (Community 23.08%, Tokenomics 30.77%, Market 23.08%, Security 23.08%).
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 stASTR (WSTASTR)
Wrapped stASTR (WSTASTR) is a yield-bearing wrapped liquid staking derivative issued by Astake, operating within the Soneium and Astar ecosystems. The token is designed as a wrapped version of stASTR to address liquidity constraints associated with staked Astar (ASTR). It utilizes a demand-driven wrapper mechanism where tokens are minted on demand, resulting in a fully circulating supply without vesting overhang or scheduled token inflation.
The project operates in a specialized niche alongside alternative liquid staking mechanisms and native dApp staking solutions. Available on-chain metrics show over 11,000 holders; however, trading activity is extremely limited, with 24-hour trading volumes typically ranging between $28 and $74. There are no active governance forums, public DAO proposals, or accessible records detailing the project's developer activity, team background, or ongoing maintenance.
WSTASTR has experienced significant market contraction, recording a price drawdown of approximately 75% to 76% over a one-year period. In terms of security, Astake has cited an audit by PeckShield, though verifiable documentation, scope, and findings for this audit remain unconfirmed in public repositories. No security exploits, smart contract hacks, or regulatory proceedings have been reported for the token.