ASTER DEX announces that starting from December 23, 80% of the platform's daily revenue will be used to buy back ASTER from the open market and directly burn it. This mechanism can be summarized as:


· Daily stable buy-in: As long as the protocol has income, funds will continuously enter to buy back.
· The fewer tokens are burned: All repurchased tokens are destroyed, and the circulating supply continues to decrease.
· Creating a positive cycle: Increased trading volume drives revenue growth, and higher revenue will further promote more buybacks.
ASTER-3.9%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)