DEGENAKIAS

[DEGENAKIAS @hackgeo19]

@p_ribon_p #grok what is this

[DEGENAKIAS @hackgeo19]

@yourchubbymaddy Hi

[DEGENAKIAS @hackgeo19]

@USMilitaryViews @grok is this video real

[Aster 🥷 @Aster_DEX]

Aster Chain mainnet in March.

Privacy is good. Aster is good. 🥷

[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

[ᗪ ᑕ ᑕᖇYᑭT 🥷 @DC__CRYPT]

🚨 $ASTER TESTNET UPDATE:

Testing continues at full speed. The testers are constantly sending feedback on the product. Little by little, they are correcting the bugs that appear.

The team has already announced many improvements that will be implemented next week.

The progress has been excellent for only four days, especially considering it coincides with the Christmas season.

There is a very strong and committed community.

[Aster 🥷 @Aster_DEX]

Community’s been asking—now it’s time.

Aster Chain Testnet Whitelist is open.

✨Sign up by Dec 22, 23:59 UTC.
✨Selected testers will be announced Dec 23.
✨Testnet access starts Dec 24.

Apply: https://t.co/NxnQrDxFMR

[Aster 🥷 @Aster_DEX]

Buyback Announcement:

ASTER is currently targeting 70-80% of S3 fees for $ASTER buybacks, exact allocation will depend on market conditions and final results will be released following conclusion of S3.

As a growing project, and in these uncertain market conditions, it’s important to maintain operational flexibility. Subsequent season airdrops and buybacks will be announced as details are confirmed.

[CZ 🔶 BNB @cz_binance]

Whoa, now everyone wants to be Perp Dex.

More players will grow the market size faster. Rising tide lifts all boats.

Long term, the best builders win. DYOR.

Perp Dex era!

[DEGENAKIAS @hackgeo19]

@Jernejvivod007 @BinsaeedRashid Is average price 0,90 good or I should reduce it?

[DEGENAKIAS @hackgeo19]

@HTX_Global $Aster

[DEGENAKIAS @hackgeo19]

@BinanceFutures Listing $Aster

[DEGENAKIAS @hackgeo19]

@DegenClubGR Μην χάσετε το τρένο του $Aster τυπώνει χρήμα

[CZ 🔶 BNB @cz_binance]

Dips are important for establishing support levels, which are like foundations of a house. 🤷‍♂️

[DEGENAKIAS @hackgeo19]

@TMinasidis Έπρεπε να είχα μπει από εχθές στο 0,55 αλλά ευτυχώς μπήκα σήμερα στο 0,80 πιστεύεις είναι καλό entry?

[DEGENAKIAS @hackgeo19]

@DegenClubGR Degen πως το βλέπεις το $ASTER

[DEGENAKIAS @hackgeo19]

Μην χάσετε την ευκαιρία. https://t.co/X5AsGhRtIZ

[Big Lebowsky @SlawekW6]

I couldn't resist buying more $RIO. This buy will be x50 -x100 by the end of this year.