【Blockchain Rhythm】Aster recently announced a new move—launching a strategic repurchase reserve mechanism for the ASTER token, and has already begun automated buyback operations.
This mechanism continues the fifth phase buyback plan announced last month, allocating 20% to 40% of platform fees daily for market repurchases. Interestingly, this percentage is not fixed but dynamically adjusted based on market conditions, aiming to achieve optimal buyback effects in different market environments.
In simple terms, it involves gradually reducing the circulating supply of ASTER through continuous buybacks. This deflationary model is quite common in crypto assets and theoretically provides some price support. The initial buyback has been executed from the reserve wallet, with on-chain data being publicly transparent, allowing everyone to track in real-time.
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BearMarketBard
· 8h ago
Buybacks are back? Every time they say deflation is good, but what’s the result... Only trust the data.
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LightningAllInHero
· 8h ago
Another buyback, another deflationary event. I'm getting calluses on my ears from hearing it all the time. When it really crashes, all of this will be useless.
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MoonBoi42
· 8h ago
Wait, dynamically adjusting the buyback ratio? This trick feels a bit familiar. Could it be another case of superficial deflation?
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FudVaccinator
· 8h ago
Buybacks, buybacks, buybacks every day. It all depends on what price they can push it down to in the end.
Aster launches the ASTER token buyback reserve mechanism, with 20%-40% of daily fees used for buybacks.
【Blockchain Rhythm】Aster recently announced a new move—launching a strategic repurchase reserve mechanism for the ASTER token, and has already begun automated buyback operations.
This mechanism continues the fifth phase buyback plan announced last month, allocating 20% to 40% of platform fees daily for market repurchases. Interestingly, this percentage is not fixed but dynamically adjusted based on market conditions, aiming to achieve optimal buyback effects in different market environments.
In simple terms, it involves gradually reducing the circulating supply of ASTER through continuous buybacks. This deflationary model is quite common in crypto assets and theoretically provides some price support. The initial buyback has been executed from the reserve wallet, with on-chain data being publicly transparent, allowing everyone to track in real-time.