Home Aster Launches Fee-funded Buybacks & Token Burns

Aster Launches Fee-funded Buybacks & Token Burns

Share
Aster Launches Fee-funded Buybacks & Token Burns
News
Share

Aster, a decentralized trading platform, has launched a big change to its tokenomics. Now, platform revenue is directly tied to rewards for token holders. The new system, which started on June 17, features automatic buybacks using platform fees, better staking rewards, and a burn process to lower the total ASTER supply over time.

With the new model, 99% of daily platform fees will go toward buying ASTER tokens from the open market. These tokens will be given to veASTER stakers along with their usual rewards. At the same time, the same number of tokens will be burned from protocol reserves, starting with tokens that were set aside for the team.

The burn program’s goal is to slowly bring the total supply down to 3 billion ASTER tokens. More buybacks will be funded by fees from new token listings on the platform.

Investors liked the news, and ASTER rose almost 16% in 24 hours and over 24% in the past week. Supporters think the new setup could better connect platform growth with token value.

Still, the long-term effects will depend on things like trading activity, protocol revenue, governance choices, and the wider market. For now, this upgrade is one of the boldest tokenomics changes in DeFi this year.

 

 

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Yellow Card Raises $40 Million To Expand Stablecoin Payments For Banks Across 50+ Countries
News

Yellow Card Raises $40 Million To Expand Stablecoin Payments For Banks Across 50+ Countries

To increase its stablecoin payment infrastructure for banks and companies, Yellow Card raises $40 million. The company’s intentions for international expansion are...

Tom Lee Claims Quantum Computers Could Threaten 7 Million BTC By 2028!
News

Tom Lee Claims Quantum Computers Could Threaten 7 Million BTC By 2028!

According to Tom Lee, co-founder of Fundstrat, if the industry is not ready, quantum computers may pose a danger to Bitcoin by...

Marex Invests In Digital Prime To Grow Institutional Crypto Lending
News

Marex Invests In Digital Prime To Grow Institutional Crypto Lending

Marex invests in Digital Prime to accelerate expansion of Tokenet, an institutional cryptocurrency lending and borrowing platform. Tokenet’s growth will be accelerated...

Block Raises 2026 Outlook, AI Now Writes Most Production Code
News

Block Raises 2026 Outlook, AI Now Writes Most Production Code

After reporting a solid second quarter led by growth in Cash App and Square, fintech startup Block raised its full-year expectation. Gross...

Related Articles

Best AI Crypto Projects Of 2026

The Artificial Intelligence (AI) sector is attracting very significant venture capital investments...

This Is How Indians Can Invest In Global Assets In 2026

Introduction Can Indians invest in global assets, too? The answer is yes....

Click, Tokenize, Own: How RWA Tokenization Is Rewriting Financial Markets

A Quiet Revolution In Ownership Each generation tends to think it is...

Must-watch AI Tokens In 2026

Don’t you think Artificial Intelligence (AI) has become one of the biggest...