Aster will use 99% of daily platform fees to fund automated ASTER buybacks and staking rewards. An equal amount of ASTER will be burned from reserves, targeting a supply reduction to 3 billio
Aster has overhauled its ASTER tokenomics, introducing an automated buyback and burn program tied directly to platform revenue. Starting at 12:00 UTC on June 17, 99% of daily platform fees will fund ASTER buybacks, while an equal amount of tokens will be burned from reserves. According to Aster, the program will continue until total ASTER supply falls from 8 billion to 3 billion tokens.
https://twitter.com/WuBlockchain/status/2067260207508705375?s=20The update connects platform activity directly to token distribution and supply reduction. According to Aster, buybacks will run automatically through a time-weighted average price mechanism and settle on-chain through a public wallet.
Every ASTER token repurchased through the program will move to veASTER stakers. In addition, those rewards will supplement the existing 300,000 ASTER Loyalty Rewards distributed each epoch.
Alongside the buyback system, Aster introduced a matching burn mechanism. For every ASTER purchased through platform fees, an equal amount will be removed from reserves.
Notably, burns will occur every two weeks. Aster said the team allocation will serve as the first source of burned tokens.
The supply reduction plan forms a central part of the new structure. According to Aster, burns will continue until total supply reaches 3 billion ASTER.
Meanwhile, the project maintained its broader allocation framework. Airdrops remain the largest category, accounting for 53.5% of total supply, or 4.28 billion ASTER.
The Ecosystem and Community allocation holds 30%, while Treasury controls 7%. Team allocations represent 5%, and Liquidity and Listings account for 4.5%.
For token distribution, Aster said 704 million ASTER unlocked at the token generation event through the Spectra and Gems reward programs. Remaining community allocations will release gradually over approximately 80 months.
Beyond platform revenue, Aster also connected spot market listings to the buyback program. Each permissionless listing on Aster Spot now carries a 50,000 USDT fee. According to Aster, those fees will fund additional ASTER buybacks.
The purchased tokens will then enter the staking reward pool for veASTER holders. The project said listing fees will be collected weekly, while related staking rewards will begin distribution two weeks after each listing.
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