Aster Raises ASTER Buyback-and-Burn Ratio to 198%, Effective Today

According to BlockBeats, Aster announced today (June 17) an update to ASTER tokenomics, raising the buyback-and-burn ratio to 198%. Starting at 12:00 UTC, 99% of daily platform fees will be used to repurchase ASTER, with an equivalent amount burned from reserves in a 1:1 matching mechanism.

Repurchased ASTER will be distributed to stakers as part of Loyalty Rewards, combining a 300,000 ASTER base reward with buyback amounts, allocated by veASTER lock weight. Burns will prioritize team allocations and continue until total supply reaches 3 billion ASTER. Buybacks execute daily via TWAP and settle on-chain with full transparency.