- Aster DEX has launched a strategic buyback program for its native tokens.
- 20-40% of Aster DEX’s day by day fee is allotted to the strategic buyback program.
- ASTER cryptocurrency reacted to the buyback program with an early morning worth drop.
Aster, the following technology decentralized buying and selling platform, has launched a token buyback program for its native token, ASTER. Among the many newest bulletins relating to X, the venture confirmed that it has deployed an computerized strategic repurchase reserve for ASTER tokens.
Aster DEX achieves share buyback plan
Astor mentioned the implementation is in success of its Stage 5 buyout program introduced final month. With the newest activation, 20-40% of the Aster buying and selling platform’s day by day charges will probably be allotted to eligible buybacks. It’s designed to dynamically reply to market situations whereas maximizing worth and decreasing the circulating provide of crypto tokens.
Final December, Aster outlined plans to launch a token buyback program aimed toward strengthening the tokenomics of the ASTER cryptocurrency. This course of features a two-phase implementation plan, with the primary section beginning on December 23, 2025. That step included computerized repurchases of 40% of day by day commissions on the Aster buying and selling platform. The venture goals to make use of this course of to supply constant on-chain assist and progressively cut back the availability of tokens.
Aster’s buyback technique targets 80% of commissions per day
With the implementation of the second step, Aster has achieved its buyback technique and is now centered on attaining its purpose of allocating as much as 80% of day by day platform charges to the token buyback program. In the meantime, the venture’s final purpose is to create a predictable foundation for the worth of its native token ASTER, which has suffered vital setbacks.
How ASTER responded to its newest share buyback plan
For context, ASTER skilled a major decline final yr shortly after its preliminary surge following the Token Technology Occasion (TGE). The crypto token reversed its preliminary upward development after reaching an all-time excessive of $2.41, in keeping with information from CoinGecko. Because of the prevailing downtrend, ASTER misplaced over 70% of its worth and was buying and selling at $0.63 on the time of writing.
The launch of the second section of the ASTER buyback program brought on a decline in crypto costs. Intraday information from CoinGecko reveals that ASTER fell from round $0.71 to a low of $0.609 early Monday morning, earlier than rising barely to its present worth.
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