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Aster boosts token value with 198% buyback and burn update using 99% of fees

Protocol Fundamentals
17 Jun 2026
Crypto Briefing
View Source
Bullish
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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 are distributed to stakers as rewards, while the burn continues until the total supply drops from 8 billion to 3 billion tokens. This update links platform activity directly to token demand, increasing staking rewards and accelerating supply reduction. Additionally, a 50,000 USDT fee for permissionless listings will also fund buybacks, further supporting token value.

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