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Aster Buys Back 2.72 Million ASTER and Burns Equal Team Share

Aster Buys Back 2.72 Million ASTER and Burns Equal Team Share

Photo: TokenPost

Aster said it bought back 2,721,732.41 ASTER for stakers over two weeks and burned the same amount from its team allocation, pairing fee-funded purchases with an equal team-token burn. The buyback period ran from 8 p.m. ET Oct. 4 (00:00 UTC Oct. 5) to 8 p.m. ET Oct. 18 (00:00 UTC Oct. 19). Aster used 99% of its daily platform fees for the purchases. Since adopting an upgraded tokenomics model on June 17, 2026, Aster has burned 32,307,874.94 ASTER. Cumulative burns across the project’s history reached 210,088,876.51 tokens. As of Oct.

Source: TokenPost

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