CZ-backed altcoin will burn 99% of its revenue
ALTCOIN

CZ-backed altcoin will burn 99% of its revenue

2 min read

Aster announced a tokenomics overhaul for its native $AST​ER token, stating that as of June 17 2026 at 15:00 UTC+3, 99 % of daily transaction fees will be redirected toward automatic $AST​ER buybacks.

Tokenomics Update

The platform’s statement clarifies that every repurchased $AST​ER token will be allocated to staking participants under a “Loyalty Rewards” scheme, with distribution proportional to each user’s lock‑up weight. By channeling the bulk of revenue into buybacks, Aster aims to strengthen the token’s price stability and incentivize long‑term investors.

Supply Burn and Fee Structure

Each buyback will be matched by an equal‑amount burn from the reserve pool, initially financed by the crew allocation and executed bi‑weekly. This burn cycle will persist until the total supply contracts from 8 billion to 3 billion tokens. Additionally, Aster will levy a 50,000 USDT charge on any unauthorized listing on its Spot platform, directing those funds to further $AST​ER purchases and supplementary staking rewards.

Investor Rewards and Market Outlook

The revised tokenomics model is designed to reward $AST​ER stakers while simultaneously shrinking the circulating supply, a combination that could appeal to crypto investors seeking upside potential. By tying platform operations directly to token incentives, Aster signals a strategic shift that may enhance its blockchain ecosystem’s competitiveness in the broader market.