Aster has revamped its tokenomics by allocating 99% of daily platform fees to buy back ASTER tokens, which are then distributed as staking rewards to veASTER holders. Each token bought triggers an equal burn from the reserve, aiming to reduce total supply from 8 billion to 3 billion tokens. This deflationary mechanism ties platform revenue directly to token supply reduction and staking incentives, with buybacks and burns fully transparent on-chain. The move enhances rewards for stakers and introduces a significant long-term supply cut, potentially increasing token value as usage grows.
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 ...
