Naqlee

You'll Never Walk Alone

[Leonard 💛 Aster 🥷 @Leonard_Aster]

Addressing ongoing FUD

There are some allegations swirling around regarding Aster and the team that are simply factually incorrect. These accusations are made without any evidence to deliberately sway public opinion with malicious intent. I'm addressing these allegations not because they deserve attention, but it would be unfair for the team and Aster holder to not address them.

Before we address some of the allegations I want to acknowledge that we understand the frustration of many holders because of the recent price performance of Aster. We heard those feedbacks and are trying our best to reverse the trend. If you want to contribute, please come join our discord community to share your thoughts and build together.

While short term prices are unpredictable, we believe the long term price should gravitate towards the token’s intrinsic value. How much value that the project creates and how well the tokenomics capture and redistribute that value determine the long term price. We are working on both and will be addressing both later in the thread.

On Dumping claim, CZ Involvement & "Exit Liquidity"

- While CZ is an advisor to the project with Yzi labs as investor. Aster is an independent project not controlled or directly operated by CZ or Binance entities. Yzi labs investment is also locked in long term. Claims that CZ/Binance insiders created Aster for dumping or that the project exists solely as exit liquidity are baseless.

- Token emissions and buybacks follow our published tokenomics (viewable on our docs), designed to reward liquidity providers, traders and long-term holders, not to enable dumps. We have recently updated our buyback mechanism to make the buybacks more predictable and independent by enabling on-chain daily buyback programs that execute automatically from fees generated. You can track that using our community built dashboard https://t.co/8FPkaRLp0Z

- Aster has bought back 254M token and burned 78M token and relocked 78M back into the airdrop allocation, reducing total and circulating supply. We plan to burn the remaining of the bought back tokens. These are all verifiable on chain, and there are constant buybacks daily and more burns are planned.

- Aster is not a competitive sabotage targeting any other DEX. We believe the market needs a privacy focus perp dex, and competition drives innovation and better products which eventually benefit the entire ecosystem and users.

Our Commitment & Next Steps

FUD aside, it is important that Aster is moving forward. That is the best way to counter all these allegations. Aster is focused on building a better product in the upcoming months:

- Deeper liquidity on a wider range of assets, aggressive listing of alts and other tradefi assets.
- Privacy-focused L1 to make trade verifiable while staying private by March
- Staking for holders coming in March after L1
- Better trading experience, redesigned UI with faster loading speed coming soon

We also are improving our tokenomics, reducing circulating supply:

- S6 will be our last trading airdrop, future circulating supply growth will be slowed down.
- Automatic buyback continues with up to 80% of all fees collected during S6
- We will be burning all remaining buybacks totaling around 98M to date and expect to do the same for S6 buybacks
- We are pausing monthly 1% unlock until staking goes live, in response to community concern on unlock pressure.

We stand by our product, and are happy to provide on-chain proofs, audits, or discuss specifics with analysts/community.

Let's judge by execution, not speculation. We are grateful to our supporters that chose to build with us for the long term.

- Leonard

[Aster 🥷 @Aster_DEX]

We're moving to 0% maker fees across all markets, effective 12PM UTC, Feb 2.

No volume requirements. If you provide liquidity, you don't pay for it.

[Naqlee @Naqlee45]

@Aster_DEX Yang katanya pesaing hype...
Bahkan mengatakan lebih baik dibanding hype...
Grafik berbicara bahwa koin hype jauh lebih baik dibanding token sampah aster jadi tidak usah membandingkan ke dua project tersebut sangat jauh perbedaannya...

[Naqlee @Naqlee45]

@Aster_DEX Hype 21%🚀
Lit 17% 🚀
Aster 5%🚀😄

[Naqlee @Naqlee45]

@Aster_DEX Hype 21%🚀
Lit 17% 🚀
Aster 5%🚀😄

[Soltrenchr @soltrenchr]

Just did another 10 sol in buybacks and also burned the supply as well!

https://t.co/XOJn8xcMm5

[Soltrenchr @soltrenchr]

Damn we just smashed 1.25M

[Naqlee @Naqlee45]

@Nietzsche_Sol YNWA 🔥🚀

[Soltrenchr @soltrenchr]

Just burned another 0.53% which we just bought back!
Total burn count: 10.53%

https://t.co/ysOdIyOBUK

[Soltrenchr @soltrenchr]

Good morning fam, just woke up and did a 20 Sol buyback!

[Soltrenchr @soltrenchr]

Im going to bed now, next buy back in the morning will be huge. Let’s try to get the creator fees that high that we can do a 5K buyback in the morning.
Awesome day 1

[Soltrenchr @soltrenchr]

Just burned another 0.4% of the total supply!
9.5% are burned!

https://t.co/F2h32ku57U

[Soltrenchr @soltrenchr]

Cmc listing also requested!

[Soltrenchr @soltrenchr]

Coingecko listing requested! We will be listed very shortly!

[Naqlee @Naqlee45]

@USROfficialCoin Ready

[Naqlee @Naqlee45]

@USROfficialCoin Let's pump it up together 🔥🚀

[Naqlee @Naqlee45]

@Aster_DEX @HeyElsaAI Who do you think threw away the stuff if it wasn't the people inside?

[Naqlee @Naqlee45]

@Aster_DEX @HeyElsaAI Leave this project
Investors and potential investors no longer believe in this project...
Everyone who invested in this project suffered major losses, except for the developers and team, who acted like farmers, taking all the liquidity from this project through free airdrops.

[Naqlee @Naqlee45]

@Aster_DEX @HeyElsaAI The latest evidence is that BTC dropped to minus 4%, Aster to minus 25%. This indicates that there is something wrong with this project. Is the graph manipulated or is someone throwing away too much stuff even though all investors are experiencing big losses?

[Naqlee @Naqlee45]

@Aster_DEX BTC has rebounded to 93k.
Aster is still waiting for BTC to drop again before joining in.