Aster Unveils Major Buyback: 80% Fees to Boost ASTER Value
Aster launches Stage 5 Buyback Program, using up to 80% of daily fees to repurchase ASTER tokens, aiming to reduce supply and support value. The move is fully on-chain and has sparked a positive market reaction.
Aster has announced the launch of its Stage 5 Buyback Program, commencing December 23, which will allocate up to 80% of daily platform fees to buy back ASTER tokens from the open market. The program is structured with 40% of fees used for automatic daily buybacks and an additional 20-40% reserved for strategic buybacks during periods of volatility or low liquidity. All transactions are conducted transparently on-chain, with public access to buyback wallets, reinforcing trust and accountability. The initiative aims to reduce ASTER’s circulating supply, potentially stabilizing or increasing its value if demand holds or grows. The announcement led to a notable price surge for ASTER, reflecting positive market sentiment and community confidence. The buyback program is part of Aster’s broader strategy to strengthen tokenomics, support long-term value, and provide incentives for holders. Recent data shows ASTER trading at $0.73 with a market cap over $1.82 billion, though the token has experienced significant price fluctuations and a decline in trading volume over the past months.