Coin World News, Aster announced the first token burn after the upgrade. Since the token economic model upgrade on June 17, as of UTC 0:00 on June 29, the platform has used 99% of daily fees to buy back approximately 2.94M Aster to reward stakers, and simultaneously burned an equal amount of Aster from the team allocation. The relevant burn transactions have been completed on-chain and can be publicly verified.

ASTER2.45%
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RiskParityKid
· 3h ago
293.7 million tokens directly burned; the team’s allocation was also taken out to burn—this wave of sincerity really counts.
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OneUnfilledOrder
· 3h ago
Burning + buyback two-pronged approach, the deflationary narrative is maxed out, stakers are ecstatic.
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