According to information from Odaily, the Aster project has just implemented a new ASTER token buyback mechanism, using a significant portion of the daily platform revenue. This move marks the next step in Aster’s long-term supply management strategy, following the announcement of its phased plan last year.
Aster’s Flexible Buyback Mechanism
The new buyback system will allocate between 20% and 40% of the total daily platform fees to execute targeted ASTER token repurchases. The key feature of this mechanism is flexibility — the buyback rate will be adjusted dynamically based on current market conditions, allowing Aster to optimize buy-ins at different price levels.
A dedicated reserve fund has already begun executing its initial buyback from its storage wallet, creating downward pressure on the circulating supply in the market.
Impact on Token Supply Structure
The primary goal of the buyback strategy is to control the rate of ASTER token supply increase and reduce the amount of tokens available for trading. By utilizing platform revenue — a sustainable financial source — Aster is building a positive feedback loop: higher platform revenue leads to more buybacks, which decreases supply and potentially increases token value.
As of now, ASTER is trading at $0.61, with a total circulating supply of approximately 1.66 billion tokens. This buyback mechanism could become a significant factor in the token’s price dynamics in the near future.
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Aster launches an automatic buyback fund with a daily fee rate of 20-40%
According to information from Odaily, the Aster project has just implemented a new ASTER token buyback mechanism, using a significant portion of the daily platform revenue. This move marks the next step in Aster’s long-term supply management strategy, following the announcement of its phased plan last year.
Aster’s Flexible Buyback Mechanism
The new buyback system will allocate between 20% and 40% of the total daily platform fees to execute targeted ASTER token repurchases. The key feature of this mechanism is flexibility — the buyback rate will be adjusted dynamically based on current market conditions, allowing Aster to optimize buy-ins at different price levels.
A dedicated reserve fund has already begun executing its initial buyback from its storage wallet, creating downward pressure on the circulating supply in the market.
Impact on Token Supply Structure
The primary goal of the buyback strategy is to control the rate of ASTER token supply increase and reduce the amount of tokens available for trading. By utilizing platform revenue — a sustainable financial source — Aster is building a positive feedback loop: higher platform revenue leads to more buybacks, which decreases supply and potentially increases token value.
As of now, ASTER is trading at $0.61, with a total circulating supply of approximately 1.66 billion tokens. This buyback mechanism could become a significant factor in the token’s price dynamics in the near future.