Aster launches new buyback program, directing up to 80% of daily fees to $ASTER purchases
Crypto Briefing
Aster DEX is launching Stage 5, directing up to 80% of daily fees toward $ASTER buybacks and reserves.Summary
Aster DEX is initiating its Stage 5 buyback program on December 23, committing up to 80% of its daily platform fees to support the price and reduce the circulating supply of its native token, $ASTER. This allocation is split, with 40% of daily fees dedicated to automatic buybacks. An additional 20% to 40% will be placed into a strategic reserve for targeted buybacks based on market conditions. This initiative is the fifth phase of Aster DEX's ongoing buyback efforts, aimed at strengthening $ASTER tokenomics. As of the announcement, $ASTER holds a market capitalization of $1.6 billion.
(Source：Crypto Briefing)