Through its X account, the digital asset platform Aster announced the end of its ASTER rewards program (S3), with the purchase of an additional 55.7 million tokens. With this acquisition, the total accumulated volume of tokens repurchased by the company amounts to 155,720,656 ASTER. This effort is designed to optimize the project’s tokenomics and reward the community, transferring the tokens to a lock address for subsequent distribution and burning.
The platform reported that the volume of the ASTER token buyback will be divided equally. 50%, equivalent to 77.8 million ASTER, will be burned on December 5th to reduce circulating supply and aim for long-term scarcity. The other 50% will be used in future airdrops intended to benefit long-term users, builders, and token holders.
Users can now mark their calendars: the query for the S3 Airdrop will open on December 1st, and claims will officially begin on December 15th. In the long term, Aster has established that between 60% and 90% of transaction fees generated by S4 will be allocated to new buyback programs starting on December 10th, ensuring the continuity of its commitment to the ASTER token buyback.
Source: https://x.com/Aster_DEX/status/1991484407547641892
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