Aster announced the completion of its first token burn after the upgrade. Since the upgrade of its token economic model on June 17, as of 00:00 UTC on June 29, the platform has used 99% of daily transaction fees to repurchase approximately 2.937 million ASTER tokens to reward stakers, and simultaneously burned an equal amount of ASTER from the team allocation. The related burn transactions have been completed on-chain and are publicly verifiable.

ASTER-1.57%
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NodeUnderTheAurora
· 06-29 09:21
Burn + buyback dual approach, deflationary narrative maxed out, stakers ecstatic.
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BlocktimeBarista
· 06-29 09:16
2.93 million tokens burned just like that—credit to the team for this strategic vision; the fact that it can be verified on-chain is real strength.
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