Governance
Listing Vote
Overview
Listing Vote is a permissionless listing mechanism on Aster Chain. Any active validator can propose a new listing, and proposals are decided by on-chain vote weighted by staked $ASTER.
This process ensures that listing decisions are transparent, on-chain verifiable, and governed by the validators that secure the network.
How It Works
A Validator proposes a new listing (e.g. BTC/U as a perp pair).
All active validators vote: Approved / Rejected / Not Voted (Abstain)
Votes are weighted by each validator's currently active staked $ASTER
A proposal passes only if both of the following conditions are met:
Approve stake > 50% of total active stake
Approve validator count > 50% of total active validators
Pending stakes and in-progress withdrawals are not counted toward vote weight. Validators in inactive status cannot vote and are not counted in the totals.
Eligibility
To become an active validator on Aster Chain and participate in Listing Vote:
- Stake a minimum of **20M $ASTER**
- Maintain active validator status
Voting Rules
Parameter
Value
Who can vote
Active Validator nodes
Vote options
Approved / Rejected / Not Voted (Abstain)
Vote weight
Proportional to active staked $ASTER
Passing threshold
Approve stake > 50% of total active stake AND Approve validator count > 50% of total active validators
Voting Lifecycle
Proposed → Voting → Approved / Rejected
Voting — The proposal is open. Validators cast their votes. Results update in real-time.
Approved — Both stake and validator count thresholds are met; the token will be listed.
Rejected — Either threshold failed.
For Validators
If you are an active validator on Aster Chain, you can:
Propose new listings
Vote on any active listing proposal: Approve, Reject, or stay as Not Voted
Votes are recorded on-chain
FAQ
Q: How is the vote result calculated?
A: A proposal passes only when both the Approve stake exceeds 50% of total active stake and the Approve validator count exceeds 50% of total active validators.
Q: Does every node have the same vote weight?
A: No. Stake-side weight is proportional to each validator's active staked $ASTER. More stake means more influence. The validator-count threshold treats every active validatorequally (one validator = one count).
Q: What counts as "active stake"?
A: Only currently effective staked $ASTER. Pending stakes and in-progress withdrawals are excluded.
Q: Can inactive validators vote?
A: No. Validators in inactive status cannot vote.
Q: Who can propose a new listing?
A: Any active validator node can propose a new token listing.
Q: How do I become a validator?
A: Stake a minimum of 20M $ASTER and maintain active validator status.
Last updated