TechFlow News, June 17: Aster announced an update to the ASTER tokenomics, increasing the buyback-and-burn ratio to 198%. Starting today at 12:00 UTC, 99% of the platform’s daily fees will be used to buy back ASTER tokens, and an equivalent amount—1:1—will be burned from reserves, thereby enhancing staking incentives and driving the token toward a deflationary trajectory.
Under this mechanism, ASTER tokens acquired through buybacks will be distributed to stakers and allocated to the Loyalty Rewards Pool each cycle. The reward pool consists of a base allocation of 300,000 ASTER plus the total number of ASTER bought back during that cycle, distributed proportionally according to veASTER lock-up weight.
Burns will be prioritized against the team’s allocated supply. The initial total ASTER supply is 8 billion tokens; burning will continue until the total supply reaches 3 billion. Additionally, Aster stated that buybacks will be executed automatically on-chain each day via TWAP (Time-Weighted Average Price), with all buyback and burn records publicly verifiable. Separately, it was disclosed that each permissionless listing on Aster Spot incurs a fee of 50,000 USDT, which will also be used for ASTER buybacks and distributed as additional staking rewards.
