đ„ Asterâs Latest Buyback Burn Was Matched 1-for-1
Aster says it bought back more than 3.1 million ASTER over the two weeks ending October 5âand burned an equal amount from the team allocation.
CONFIRMED: In its October 5 update, Aster reported that 99% of daily platform fees funded buybacks of 3,108,966.13 ASTER for stakers. It says another 3,108,966.13 ASTER was burned.
Thatâs the detail worth noticing: this is not simply a burn announcement. Under Asterâs stated mechanism, buyback tokens go to stakers, while a matching amount is removed from the team allocation.
Aster also reported cumulative burns of 207.37 million ASTER across all programs. These are project-reported figures; the update does not guarantee any effect on the tokenâs market value.
The takeaway: Asterâs fee-funded buyback-and-burn mechanism is active, but its longer-term impact depends on trading activity and continued execution.
Click the $ASTER widget below and check the latest developments.
$ASTER
.
.
.
#Aster #Crypto #Write2Earn
Not financial advice. DYOR.
Aster says it bought back more than 3.1 million ASTER over the two weeks ending October 5âand burned an equal amount from the team allocation.
CONFIRMED: In its October 5 update, Aster reported that 99% of daily platform fees funded buybacks of 3,108,966.13 ASTER for stakers. It says another 3,108,966.13 ASTER was burned.
Thatâs the detail worth noticing: this is not simply a burn announcement. Under Asterâs stated mechanism, buyback tokens go to stakers, while a matching amount is removed from the team allocation.
Aster also reported cumulative burns of 207.37 million ASTER across all programs. These are project-reported figures; the update does not guarantee any effect on the tokenâs market value.
The takeaway: Asterâs fee-funded buyback-and-burn mechanism is active, but its longer-term impact depends on trading activity and continued execution.
Click the $ASTER widget below and check the latest developments.
$ASTER
.
.
.
#Aster #Crypto #Write2Earn
Not financial advice. DYOR.