Aster: 8.8% tokens will be unlocked and distributed in TGE, and some of the agreement revenue will be used for repurchases
Source: BlockBeats
Time: 2025-09-08 14:20:09
According to BlockBeats, on September 8, decentralized trading platform Aster updated its token economics information, with the maximum supply of tokens of 8 billion. 8.8% of (704 million ASTER) tokens will be unlocked immediately on TGE and distributed to users who earn Rh or Au points in points activities. Additionally, APX holders can convert assets held by APX (including pledged positions) to ASTER during a specified redemption period, but the redemption rate will decrease over time. At the same time, the team said that part of the agreement revenue will be used for repurchases for foundation allocation and governance reward allocation. The future utility of ASTER includes spot/perpetual contract transaction fee discounts, governance, etc.