[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
idk about you guys, but I'm buying the dip $PITCH
yeah, their X @Pitch_ERC got suspended and that could be a real problem. if it doesn't get unbanned in the next couple of days, recovery is gonna be pretty difficult.
but I'm taking the risk - if there's no update in a couple of days, I'll have to cut my position
wdyt?
Ok probably bought 3kk ATH+ opened 50 packs,
lets play
@Pitch_ERC is looking interesting ngl
a closed-loop World Cup trading card marketplace on @base.
how it works:
open 1 pack with 1 $PITCH
get a country card (= 1 token of that country)
0.95 $PITCH goes to that country's liquidity pool, 0.05 gets burned
after 48k packs opened (20,273 so far), no new packs — only trading on the marketplace
good countries pump, shit countries sit at floor (1 $PITCH per token)
every trade pays 5% fee in $PITCH, burned forever
48 country tokens, individual bonding curves, no P2P, no external liquidity. clean setup.
@TopStrikeIO@megaeth great buy today Amir Rrahmani from Napoli, and last solid gains was from Bukayo Saka Arsenal . Only 18 days in app, but so far in profit zone. And world cup in 26 days 👀