Aster DEX plans to allocate up to 80% of S3 fees for ASTER buybacks
Crypto Briefing
Aster DEX will use up to 80% of fees from its Stage 3 'Dawn' phase for $ASTER token buybacks to enhance stability.Summary
Aster DEX, a decentralized exchange running a multi-stage reward program, has announced plans to allocate up to 80% of the fees generated during Stage 3, known as the “Dawn” phase, toward $ASTER token buybacks. This initiative is a direct response to uncertain market conditions, aiming to strengthen the stability of the $ASTER utility token. Stage 3 introduces advanced, multi-dimensional scoring systems that reward traders based on metrics like trading volume and holding duration, and it also features new trading pairs to boost fee-generating activity. The final allocation percentage will be contingent upon the overall performance during this current phase.
(Source：Crypto Briefing)