$ASTER Correction of the rates today at 14:00.
In summary:
The update of the financing rate formula aims to ensure that the price of the perpetual contract accurately reflects the spot price, reducing price distortions and excessive costs for traders. This balance can:Increase the efficiency of the Aster token market.Influence trader interest, impacting the price through supply and demand dynamics.Reduce artificial volatility and hidden costs.Thus, the new formula shapes the pricing of the token via trading costs, liquidity, and market perception, potentially stabilizing or favoring the appreciation of the Aster depending on trader behavior in response to the adjusted financing rate costs.
In summary:
The update of the financing rate formula aims to ensure that the price of the perpetual contract accurately reflects the spot price, reducing price distortions and excessive costs for traders. This balance can:Increase the efficiency of the Aster token market.Influence trader interest, impacting the price through supply and demand dynamics.Reduce artificial volatility and hidden costs.Thus, the new formula shapes the pricing of the token via trading costs, liquidity, and market perception, potentially stabilizing or favoring the appreciation of the Aster depending on trader behavior in response to the adjusted financing rate costs.