Aster accelerates Phase 4 buybacks to about $4M per day
Aster announced on X that it will accelerate execution of its Phase 4 token buyback program to roughly $4 million per day, effective December 8. The move is intended to more quickly on-chain the fees accumulated since November 10 and to provide greater market support amid volatility. Based on current fee levels, Aster expects the program to reach a steady execution rate within 8–10 days. After stabilization, daily buybacks in Phase 4 will continue at 60%–90% of the previous day’s revenue until the phase concludes. The company framed the update as an operational acceleration within the existing framework rather than a change in total allocation. This update may influence token supply dynamics and short-term market liquidity.
Bullish
Accelerating on-chain buybacks typically reduces circulating supply pressure and can provide immediate demand support, which is generally bullish for the token price in the short term. Aster’s plan to convert accumulated Phase 4 fees into roughly $4M daily buybacks accelerates that effect; the projected stabilization in 8–10 days gives traders a predictable window for liquidity impacts. Because the program remains within the existing allocation framework and uses a revenue-linked execution (60%–90% of prior-day revenue), the long-term impact is likely moderate rather than transformational. Similar historical events—such as projects increasing buyback cadence or launching aggressive repurchase programs—often produce near-term price uplift and reduced volatility, but sustained gains depend on continued revenue and buyback funding. Therefore, expect short-term bullish pressure and improved liquidity confidence, with neutral-to-positive longer-term implications contingent on ongoing fee/revenue levels.