Aster has completed another round of its fee-powered buyback and burn cycle, removing an additional 3.1 million $ASTER tokens from supply. The latest update brings total all-time burns across
Aster has completed another round of its fee-powered buyback and burn cycle, removing an additional 3.1 million $ASTER tokens from supply. The latest update brings total all-time burns across all programs to more than 207 million tokens, the project said on October 6.
The most recent burn covered activity between September 21 and October 5, with the buyback funded by 99% of platform fees collected over that period. Bought-back tokens are distributed to stakers, while a matching number of $ASTER is permanently destroyed from reserves. Under Aster's current tokenomics, 99% of daily platform fees are automatically used to buy back $ASTER and distribute the tokens to veASTER stakers as Loyalty Rewards, while an equal amount is burned from reserves, starting with the team allocation, until total supply reaches 3 billion tokens.
The buybacks are executed automatically through a daily on-chain TWAP process and distributed to veASTER holders via the protocol's Loyalty Rewards program.Each distribution period includes a base reward of 300,000 ASTER on top of the repurchased tokens.
Under Aster's upgraded tokenomics, cumulative burns have now reached 29.6 million $ASTER. The protocol committed to this structure starting June 17, 2026, describing the combined buyback and reserve burn as a "198% buyback-and-burn" effect, with a long-term target of reducing total supply from 8 billion to 3 billion ASTER.
Aster's token design has evolved rapidly, shifting from a high-incentive airdrop model to a buyback-driven, deflation-leaning supply structure.The burn sequence starts with the team's own holdings, meaning insider reserves are reduced before other allocations, which the protocol frames as a way to align incentives with users concerned about potential sell pressure from project insiders.
Aster operates as a decentralized exchange on BNB Chain. With each biweekly cycle adding to the cumulative burn tally, the protocol continues to use its own trading revenue as the primary engine for supply reduction.
Sources:Crypto Briefing: Aster executes first token burn under upgraded tokenomicsAster DEX Official Tokenomics DocumentationAMBCrypto: Aster directs 99% of platform fees to ASTER buybacks
