Aster Deploys Automated Buyback and Burn Program Targeting 5 Billion Token Reduction
2026-06-18 17:10

Data compiled by Woofun AI shows that Aster has implemented an automated buyback and burn mechanism effective June 17 at 12:00 UTC. Under this framework, 99% of daily platform fees are allocated to repurchase ASTER tokens, with an equivalent quantity burned from reserves. This process continues until the total circulating supply decreases from 8 billion to 3 billion tokens. Repurchased assets are distributed to veASTER stakers via a time-weighted average price settlement, supplementing the existing 300,000 ASTER loyalty rewards per epoch.

Concurrently, Aster introduced a bi-weekly matching burn protocol, prioritizing team allocations for initial removal. The broader allocation structure remains unchanged, with Ecosystem and Community holdings comprising 53.5% of the supply.

Additionally, each permissionless spot listing incurs a 50,000 ASTER fee, which further fuels buybacks and staking rewards for veASTER holders, collected weekly and distributed two weeks post-listing.

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ASTER
veASTER
Aster
Spectra
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