Aster Burns 2.937M Tokens in First Buyback Under New Model
2026-06-29 16:55

Woofun AI reports that Aster executed its first buyback and burn cycle under the upgraded token economy, eliminating approximately 2.937 million ASTER tokens. Since June 17, the platform allocated 99% of daily transaction fees to buybacks, distributing acquired tokens to stakers while burning an equivalent amount from the team’s allocation. The protocol also announced an increase in the buyback-to-burn ratio to 198%, ensuring automatic daily execution via TWAP with full on-chain transparency.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
ASTER
Aster
Share:
back