Aster has implemented an automatic buyback mechanism, using 20%-40% of its daily revenue to buy back $ASTER.

PANews reported on January 19th that, according to an Aster announcement, the platform has launched a Strategic Buyback Reserve mechanism. Based on the fifth phase of the buyback plan announced last month, 20%-40% of the platform's revenue will be automatically used daily to buy back $ASTER tokens. The initial on-chain buyback has already been executed through address 0x5E4969C41ca9F9831468B98328A370b7AbD5a397, aiming to dynamically respond to the market, reduce circulating supply, and strengthen the confidence of long-term holders.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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