Is there a buyback and burn happening at this stage?
链上狙击手onchain
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Recently, $ASTER DEX's actions are quite eye-catching. It has updated the S3 repurchase and airdrop plan, with all S3 repurchases executed on-chain. After completion, the repurchased tokens will be transferred to the same address as the S2 repurchase. Once all repurchases are completed, the S3 airdrop will be initiated, with tokens first sent from the repurchase address. If the balance is insufficient, the remaining part will be unlocked from the airdrop allocation to be distributed.
Some people say that Aster is using the real income of 180 million USD to repurchase tokens, distributing everything to S3 traders. The team has not squandered the money but used it to benefit users. This method of continuously buying and supporting tokens with real income means that Aster's buying cash flow is constant and cleverly designed.
From a professional perspective, Aster's fully on-chain public repurchase and airdrop mechanism enhances the project's credibility and boosts market confidence, benefiting both the token price and ecosystem activity. It also provides new ideas for the industry in terms of user incentives and token value maintenance.
In short, $ASTER is genuinely using real money to benefit users, and the buying pressure can continue. With this attitude and operation, Aster truly deserves more attention.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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