Aster Expands its Token Buyback Program with 99% Fee Redirection

3 hours ago 5

Key Takeaways:

Aster DEX has improved its tokenomics, where 99% of all protocol fees are going into the buyback and burn of AST tokens.
According to the platform, the buyback-and-burn ratio is now at 198%, which is a huge deflationary pressure on AST.
This change will be made to ensure the protocol’s growth is in step with the value added to the tokens by them as on-chain trading grows.

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