Aster perps DEX switches to staking-only token emission model, reducing monthly unlocks by 97%
Aster DEX is transitioning to a staking-only token emission model, decreasing monthly token unlocks by 97% to address community concerns about dilution.Summary
Aster, a perpetuals decentralized exchange (DEX) backed by Binance founder Changpeng Zhao, is implementing a new token emission model where tokens will only be released as staking rewards. This change, prompted by community feedback, aims to reduce the circulating supply of ASTER tokens and potentially make the asset deflationary. Previously, 78.4 million ASTER tokens were unlocked monthly, but this will now be reduced to 1.8–2.25 million ASTER per month – a 97% decrease. Over 80% of the total token supply was initially allocated to the community through airdrops and an ecosystem fund, with a relatively small allocation to the development team. The platform also operates a buyback program and recently launched a Layer 1 blockchain to compete with other onchain perps platforms.
(Source：The Block)