Aster DEX's token burn strategy: raising $28M in the fourth round

During the week from December 8 to December 14, Aster DEX successfully executed its fourth ASTER token buyback phase, acquiring a total of 29,312,363.34 units with an investment of $28 million in USDT. This operation reflects a sustained commitment to reducing the circulating supply.

The average price paid per ASTER token was $0.95, while all transactions were routed through the wallet address 0x573ca9FF6b7f164dfF513077850d5CD796006fF4, ensuring full transparency in the process. The protocol allocates the commissions generated by its operation to fund these buyback programs.

This deflationary mechanism is part of ASTER’s tokenomics design strategy, aiming to strengthen the asset’s fundamentals in the long term. By progressively reducing the tokens in circulation, the initiative creates greater relative scarcity. Analysts point out that these actions maintain institutional and retail interest in the platform, driving both blockchain activity and confidence in the ecosystem.

ASTER1,02%
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