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On June 17, 2026, Aster unveiled a tokenomics restructuring that pushed its native ASTER token up by more than 20% within 24 hours. The protocol said the move is driven by a near-total redirection of daily platform revenue into automated ASTER buybacks executed on secondary markets.
Under the new plan, 99% of Aster’s daily platform fees will be used to buy ASTER. The buyback operations run automatically using a time-weighted average pricing mechanism, with all transactions recorded on-chain for transparency.
The protocol published a dedicated wallet address for community verification: 0xa0edBaBcb48034e368de286b49F9603C7AfA1b60.
Aster said each ASTER token repurchased from the market will trigger the permanent destruction of an equivalent token amount from the project’s reserve wallet. The burn process is described as beginning with team-allocated holdings.
The protocol characterizes this as a “198% combined deflationary pressure,” citing two simultaneous effects: reducing circulating supply through market removal and reducing total supply through permanent burns.
Token burns occur every two weeks and will continue until the maximum supply contracts from 8 billion to a final target of 3 billion ASTER.
At the June 17 implementation date, Aster reported total supply of about 7.82 billion tokens and circulating supply of approximately 2.68–2.70 billion.
Aster said every ASTER token acquired via buybacks enters a Loyalty Rewards distribution pool. Each reward cycle includes a baseline allocation of 300,000 ASTER, plus all tokens purchased during that period’s buybacks. Rewards are then distributed proportionally to veASTER holders based on their lock-up weights.
The protocol also pointed to an added source of buyback demand through its spot listing mechanism. Each permissionless token listing carries a 50,000 USDT listing fee, with 100% of the proceeds directed into the same buyback infrastructure.
Following the announcement, ASTER peaked near $0.80 before pulling back. In the latest update, the token traded around $0.74, representing about a 13% daily gain.
Technical commentary cited ASTER breaking above the $0.65 level that had capped upside since April. The Relative Strength Index reportedly rose above 65, and the MACD indicator showed a bullish signal with expanding green histogram bars. The next key resistance was identified at $0.81, with a decisive break above described as potentially pushing ASTER into higher price ranges last seen in late 2025.
Aster said the upgrade represents a change from earlier iterations that directed 70–80% of platform fees toward buybacks, whereas the new structure captures a near-total share of daily revenue for tokenomics optimization.
Source: TradingView
Ready Card users outside the European Economic Area have reportedly faced an abrupt service halt after a transition involving the card issuer disrupted the USDC spending product, according to user notices shared on X.
A notice shared…
