The ASE Token
ASE Token Overview
Estimated read time: 5 minutes
Updated 2026-09-09: ASE is live and trading on MEXC and Uniswap; validator self-bond is 500 ASE; consensus is Aura plus GRANDPA.
TL;DR
ASE is the native token of the Asentum network. 1,000,000,000 fixed supply. Four purposes: gas, staking, governance, and network access. Until mainnet ships, ASE lives as an ERC-20 on Ethereum L1, bridging 1:1 to native ASE at mainnet launch. The token is live and trading on MEXC (ASE/USDT) and Uniswap; it reached the market through a public presale of 16% of supply.
The four purposes of ASE
- Gas. Every transaction and contract execution pays gas in ASE. The base fee is burned - making ASE deflationary under sustained usage. Priority tips go to the block proposer.
- Stake. Validators bond ASE to produce blocks under Aura and cast finality votes under GRANDPA. The validator set scales to hundreds. Token holders delegate ASE to validators they trust. Bonded ASE is the economic collateral securing consensus - slashed if a validator misbehaves.
- Governance. ASE holders vote on protocol upgrades, parameter changes, and ecosystem grants via the on-chain governance system. Voting power is proportional to bonded stake.
- Network access. Governance proposal submission requires a bond of 100+ ASE. Validator entry requires a minimum self-bond of 500 ASE. These thresholds ensure participants have skin in the game.
Supply
| Maximum supply | 1,000,000,000 ASE (fixed - governance hard floor) |
| Smallest unit | 10⁻¹⁸ ASE (same as Ethereum wei) |
| Pre-mainnet token | ERC-20 on Ethereum L1 |
| Mainnet conversion | 1:1 bridge from ERC-20 → native ASE |
| Fee burn | 100% of base fee burned (deflationary under load) |
| Validator rewards | 15% of supply - block subsidies decaying over ~5-7 years |
The 1B supply cap is enforced at the chain level as a governance hard floor - no proposal of any tier can increase it. For the full allocation breakdown see Distribution.
Token status
ASE is live as an ERC-20 on Ethereum L1 and trades today on MEXC (ASE/USDT) and Uniswap. Until Asentum mainnet ships, this ERC-20 is the canonical token.
Contract
0x041Ff0E49F6F774E7DC7bD10Ee4A14c00B1D80B2 ↗Network
Ethereum mainnet (chain ID 1)
Symbol
ASE
Decimals
18
Liquidity
MEXC (ASE / USDT) and Uniswap (ETH / ASE) ↗
When Asentum mainnet ships, a 1:1 bridge will convert ERC-20 ASE to native ASE on the Asentum chain. The bridge is a separate deliverable - until it ships, the ERC-20 is the canonical token.
Security & audit
A CertiK audit of the token contract and staking system is in progress. The report will be linked here when published. LP is locked for 12 months via Team Finance - verifiable on-chain at launch.
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