ASTER has announced a major token buyback program aimed at stabilizing its market value and reducing circulating supply. The DeFi platform revealed in an X post that 70–80% of trading fees from Season 3 (S3) will be allocated to token repurchases, with the exact amount determined by market conditions. Results of the initiative will be released after S3 ends, followed by additional airdrops and buybacks in upcoming seasons.
The team stated that this approach enhances adaptability amid volatile market conditions while supporting the project’s long-term sustainability. Funds for the buyback come from ASTER’s “Rocket Launch” initiative, which connects traders to new crypto projects. Trading fees from this launchpad are now being redirected to support the buyback and reward community members. During a previous campaign, ASTER distributed $200,000 worth of tokens to users meeting specific trading and balance milestones on both Spot and Perpetual accounts, highlighting its strong commitment to incentivized participation.
The buyback announcement follows a temporary setback after DeFiLlama delisted ASTER’s trading data, triggering a 10% dip in token value. Analysts suggest the move is designed to mitigate such market volatility and restore investor confidence. Meanwhile, institutional trading firm Wintermute has reportedly begun accumulating millions of ASTER tokens, signaling growing optimism about the project’s fundamentals.
Market experts are bullish on ASTER’s outlook. Crypto analyst Peters predicts the token could surge to $10 following the buyback announcement, citing the project’s increasing DEX market share and solid fundamentals. Supporting this view, analyst Crypto Patel compared ASTER’s growth potential to BNB, suggesting it could become “the next $BNB” within the next few years if adoption continues to rise. With renewed momentum and strategic buybacks, ASTER appears poised for its next major rally.
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