Alright caught up with some news. This is still the most important piece. 40% buybacks are automatic, the 300 kish you see daily. The other 40% can be sudden, the longer it does not get used, the bigger. Best time to use it is when aster turns deflationary soon
People don't realize this accumulation phase for $ASTER is a blessing in disguise. Now there really are no excuses. Yes the markets may seem dead, but as proven time and time again, the best projects will all be 1000 baggers and aster is one of them. Only a matter of patience
GM $ASTER has been in price discovery looking for its "fair value" as perceived by the markets for the past 3 weeks. With the discovery being skewed to the downside. "Automatic" Buybacks (40%) has been around 300 k usd for the past 4 weeks, much less than their actual fee
Back from vacay, time to check whatsup Looks like all the KOLs are out, which is a good thing for $ASTER Who knew it would take this long for a natural price discovery.
Lighter buybacks will pale in comparison to $ASTER lol It will be miniscule, when I say minuscule, I am saying it will be around 99% less. Why? Because they are a fee free dex. Trading volume is not the metric to track and is irrelevant? Actual rev? Almost neglible
For those who don't know yet User incentives will be forever and that is exactly why I am bullish on aster Long term as well as short term Because they are very close to deflationary already with current buybacks (if adjusted back to 90%, which they will) And long term
Day 47 out of 2920 of buying a minimum of 10 aster daily and holding it for 8 years. Just bottomblasted another 50 $ASTER People don't realize $ASTER is already deflationary with the latest changes. Immediate upcoming catalyst : Aster chain testnet Every single dollar you