Aster announced its first token burn after the upgrade. Since the tokenomics model upgrade on June 17, as of June 29 at 00:00 UTC, the platform has used 99% of daily fees to buy back approximately 2.94M ASTER to reward stakers, and simultaneously burned the same amount of ASTER from the team allocation. The relevant burn transaction has been completed on-chain and can be publicly verified.

ASTER0.27%
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GoldfishUnderTheIce
· 7h ago
Deflation kicks in, the coin price looks promising.
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BlueGlassJelly
· 7h ago
Execute immediately after the upgrade, good efficiency, don't stop.
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PaperSculptureOctopusPosition
· 7h ago
Stakers benefit from buybacks, team shares are burned, distribution logic is clear.
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MevBreakRoom
· 7h ago
Finally, there is a project that actually distributes fees to holders, not just empty promises.
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BridgeBurner
· 7h ago
From June 17 to 29, it burned this much in just over ten days. The annualized rate is terrifying to think about.
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LintCollector
· 7h ago
Being verifiable on-chain is confidence, much better than talk-only projects.
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