POPA ReconAster Introduces Deflationary Buyback-and-Burn Model
Aster Introduces Deflationary Buyback-and-Burn Model Aster has upgraded its tokenomics, directing 99% of daily platform fees toward buying back ASTER from the market. To reinforce the token’s deflationary model, Aster will also burn an equal amount of ASTER from reserves, effectively creating a 1:1 buyback-and-burn mechanism. The purchased tokens will be distributed to veASTER holders through staking rewards. The burn program will continue until ASTER’s total supply falls from 8 billion to 3 billion tokens. In addition, every permissionless listing on Aster Spot carries a 50,000 USDT fee,…
The excerpt is quoted from a public Telegram channel, which owns its text.