🚨 While #ASTER was around $0.62, a transfer of roughly $1.59 million from an unknown wallet to OKX's cold wallets occurred.
Approximately 2.55 million ASTER were moved in total.
Track on-chain activity in real time:
https://t.co/AD68PbbccI
🚨 While #ASTER was around $0.62, a transfer of roughly $1.59 million from an unknown wallet to OKX's cold wallets occurred.
Approximately 2.55 million ASTER were moved in total.
Track on-chain activity in real time:
https://t.co/AD68PbbccI
Aster stated that from June 29 to July 13, 2026, the platform will use 99% of daily transaction fees to buy back 3,083,815.69 ASTER and allocate them to staking users; at the same time, an equivalent amount of ASTER will be burned from the team allocation. Since the token economic model upgrade on June 17, a total of 6,020,941.22 ASTER have been burned; under all plans, a cumulative total of 183,801,942.79 ASTER will be burned. https://t.co/32fdlc9Veg
They're burning coins that were not circulating anyway and buying back coins that they immediately give back to stakers, right?
In terms of flows it should be completely neutral
[ $ASTER Buyback and Burn Update ]
From 2026-06-29 00:00 UTC to 2026-07-13 00:00 UTC, 99% of daily platform fees were used to buy back 3,083,815.69 $ASTER for stakers.
A matching 3,083,815.69 $ASTER has been burned from the team allocation.
https://t.co/5qRHwTuCsO
- Cumulative burn under the upgraded tokenomics since 2026-06-17: 6,020,941.22 $ASTER
- Cumulative burn across all programs: 183,801,942.79 $ASTER
- Est. total staking APY as of 2026-07-13: 5.35% with a 26-week lock and 28.85% with the maximum 208-week lock. Variable.