[Tokenomics Update] $ASTER Buyback and Burn Steps Up to 198%
Aster is upgrading its buyback so the platform's own activity both rewards stakers and sets $ASTER on a deflationary path.
Starting from 12:00 PM UTC today, 99% of Aster's daily platform fees buy back $ASTER. An equal amount of $ASTER is burned from reserve, matching the buyback one for one.
The bought-back $ASTER goes to stakers. Each epoch it is added to Loyalty Rewards (300K $ASTER base, plus the buyback amount), distributed to veASTER by lock weight.
The burn takes team allocation first. $ASTER launched with a total supply of 8,000,000,000. The burn continues until total supply reaches 3,000,000,000.
Buybacks run automatically via TWAP across each day and settle on-chain. The buyback and the burn are both public and verifiable:
- Buyback wallet: 0xa0edBaBcb48034e368de286b49F9603C7AfA1b60
Every permissionless listing on Aster Spot pays a 50,000 USDT fee, used to buy back $ASTER as extra staking rewards.
- Listing fee wallet: 0x39C473f4420e4ae9Ab3fe9e7ceDFc08F9684bB1a
Docs: https://t.co/NU0NXQPPch
Jealousy makes you ugly.
It's precisely because he exists in Binance's shadow that he will never be able to surpass Binance.
A company's ceiling is its boss's mindset. Choose your boss wisely.
Binance is hiring.
嫉妒使人面目全非。上学的时候大家可能都遇到过那种天天盯着第一名的分数,撕别人书,拉拢其他人霸凌和造谣比他强的人,且极度双标;这种人活在别人的阴影里,所以永远无法超越他们的“目标”。
老板的格局才是你的天花板,选择你的老板,币安在招聘。
Is CZ lying to the public again?
As he said, he is fully aware of the legal and regulatory risks. Yet a shell called @Aster_DEX was created that appears to copy the @HyperliquidX model almost exactly.
Aster reportedly shares significant resources with the Binance ecosystem, including team members. CZ himself has promoted Aster multiple times.
Maybe creating a separate shell is their way to be “compliant.”
The real question is: if the business model, resources, people, and incentives are largely the same, how different is it really?