Aster Directs 70–80% of S3 Fees to On-Chain ASTER Buybacks
Aster, a Binance-backed decentralized exchange, is extending its on-chain buyback program by allocating 70–80% of Season 3 (S3) trading fees to repurchase its native ASTER token. The exact ratio will be finalized after S3 concludes, offering flexibility based on market conditions.
Daily buybacks will execute directly on public markets. Aster will disclose the dedicated on-chain address once it reaches the target allocation. Funding for these purchases comes from the Rocket Launch program’s fee pools.
This initiative aims to reduce circulating supply and boost demand, strengthening ASTER’s tokenomics and supporting price stability. Further airdrops and additional buyback details will be announced soon.
Bullish
The announced on-chain buybacks are likely to be bullish for ASTER. In the short term, consistent purchases reduce circulating supply and create steady demand, which can support a price floor and limit volatility. Over the long term, dedicating 70–80% of S3 fees underscores Aster’s commitment to strong tokenomics and transparency, boosting investor confidence and potentially attracting new traders. Historical precedent shows that well-funded buyback programs often lead to sustained price appreciation and improved market stability.