logo

Aster: 8.8% of the tokens will be unlocked and distributed at TGE, and part of the protocol revenue will be used for buybacks

By: theblockbeats.news|2025/09/08 06:52:26

BlockBeats News, September 8th, Decentralized exchange platform Aster updated its tokenomics information, with a maximum token supply of 8 billion. 8.8% (704 million ASTER) of the tokens will be immediately unlocked on the TGE day and distributed to users who have acquired Rh or Au points in the incentive program.


In addition, APX holders can convert APX-held assets (including staking positions) to ASTER during a specified redemption period, but the exchange rate will decrease over time.


Furthermore, the team stated that a portion of protocol revenue will be used for foundation allocation and buyback for governance reward distribution. Future utilities of ASTER include spot/perpetual contract trading fee discounts, governance, etc.

Shield Mining: Sui Ecosystem's DeFi Protocol Nemo Suffers Attack, Losing Approximately $2.4 Million
Informant: EU May Impose Further Restrictions on Russia's Cryptocurrency Exchange Platforms, Payment, and Credit Card Systems

You may also like

Share
copy

Gainers

Latest Crypto News

05:45

Suspected Ethena Labs Withdraws Another 25 Million ENA

05:45

Yesterday's Whale Trader Who Perfectly Shorted Before the Major Drop Goes Long on ETH with 2x Leverage, Holding a Position Worth $56 Million

05:15

Tom Lee: S&P 500 to Rise to 7300, Surge in Market Liquidity Could Be Explosive

04:45

Franklin Templeton XRP Spot ETF AUM Surpasses $100 Million

04:45

「ZEC&MON Top Short in History」 Take-Profit Section: The ZEC short position has made a profit of over $5 million, while simultaneously shorting MON has a unrealized gain of nearly $2 million.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]