ASTER Flies 23% After DEX Redirects 99% Fees to Token Buybacks
Share:
On June 17 Aster DEX overhauled its tokenomics to allocate 99% of platform fees to ASTER buybacks with one-to-one burns from reserves for each purchase, a move aimed at improving tokenomics, adoption and long-term funding. The #48-ranked token spiked after the announcement but has since given back most gains, indicating a mixed market impact on price and token performance.
Predictions Markets
See what traders are focused on
The Aster DEX unveiled a huge change to its tokenomics on June 17, allocating 99% of fees generated through its platform to an ASTER token buyback, with one-to-one burns from its reserves for each token purchase.
The #48-ranked cryptocurrency witnessed a massive rebound shortly after the announcement but has since given back most of those gains.
In This News
Coins
$ 0.631
-0.23%Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 0.631
-0.23%Predictions Markets
See what traders are focused on
Share:
Read More
Ethereum uses less power than British Museum – Here’s what changed
