Aster DEX Completes $214 Million Token Buyback Program
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BTCCSquare news:
Aster DEX has executed $214 million in total token buybacks as of November 13, repurchasing over 143.38 million ASTER tokens—7.11% of the network's circulating supply. The daily buyback volume ranged between $2 million and $3 million since October 28, funded entirely through protocol revenue and treasury reserves.
The initiative prioritized value return to holders, allocating 70-80% of Season 3 trading fees to the program. Repurchased tokens will be distributed via the S3 airdrop, with any shortfall covered by the airdrop allocation pool. The decentralized exchange's aggressive buyback strategy underscores its commitment to tokenomics-driven holder incentives.
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