Aster's native token ASTER surged over 10% after announcing a major buyback and burn program that uses 99% of daily platform fees to buy back tokens, which are then distributed as rewards to veASTER holders. This move aims to reduce the total token supply from 7.82 billion to a target of 3 billion through bi-weekly burns. However, the rally was short-lived as a hawkish Federal Reserve decision strengthened the dollar and pressured risk assets, causing ASTER to drop about 5% to around 68 cents. The upgrade shifts away from the previous linear vesting model and aligns tokenomics with platform activity, but market conditions remain challenging.
Starting June 17, 2026, Aster will use 99% of its platform fees to buy ASTER tokens from the market, triggering an equivalent burn from reserve tokens. This dual buyback and burn mechanism aims to reduce the total ASTER supply from 8 billion to 3 bil...
Aster (ASTER) saw a 21% price increase after announcing a tokenomics update that uses 99% of daily platform fees to buy back and burn tokens, rewarding stakers. Despite this, the rally occurred within a broader bearish trend, with recent price retrac...
Provenance Blockchain (HASH) surged 14.22% to $0.009959, leading the top gainers with a market cap of $540.71 million. The rise reflects increasing interest in blockchain applications for traditional finance sectors. Other notable gainers include Eth...
ASTER surged over 20% after Aster announced a new tokenomics plan dedicating 99% of platform fees to daily ASTER token buybacks and large-scale supply reductions. The protocol aims to reduce the total token supply from 8 billion to 3 billion by burni...
Aster, a decentralized exchange on BNB Chain, announced a new tokenomics model that uses 99% of its daily platform fees to buy back ASTER tokens and burns an equal amount from reserves, creating a 198% buyback and burn effect. The bought-back tokens ...
