Aster has updated its ASTER tokenomics, directing 99% of daily platform fees to ASTER buybacks. Starting at 12:00 UTC on June 17, the platform will route daily fees into automatic purchases. All bought-back ASTER will be distributed to veASTER stakers through Loyalty Rewards, according to the update.
Fee Revenue Moves to ASTER Buybacks
The revised mechanism uses platform revenue as the main funding source for the ASTER buyback program. Buybacks will run through a time-weighted average price process across each day and settle on-chain to a public buyback wallet. The stated design links the buyback flow directly to platform fee generation.
Aster said each epoch will include the buyback amount on top of the 300,000 ASTER base Loyalty Rewards. Distribution will be made to veASTER holders according to lock weight, reflecting both the amount locked and lock duration. The model directs revenue-funded token purchases toward users participating in the staking system.
The update also adds a separate source of ASTER buybacks through permissionless listings on Aster Spot. Each permissionless listing will carry a 50,000 USDT fee, which will be used to purchase ASTER as extra staking rewards. Listing fees will be collected weekly, enter buybacks the following week, and appear in rewards two weeks after listing.
Key Insight:
- Aster will direct 99% of daily platform fees toward automatic ASTER buybacks starting June 17.
- Bought-back ASTER will be distributed to veASTER stakers based on lock weight each rewards epoch.
- Each buyback triggers an equal reserve burn, beginning first with tokens from the team allocation.
- Biweekly burns are scheduled to continue until ASTER total supply reaches 3 billion tokens remaining.
- Permissionless Aster Spot listings will pay 50,000 USDT, funding extra ASTER rewards for veASTER stakers.
Reserve Burns Target Lower ASTER Supply
For every ASTER bought back under the revenue program, Aster plans to burn an equal amount from reserves. Burns will start with the team allocation and be executed biweekly until total supply falls from 8 billion ASTER to 3 billion ASTER. This burn schedule remains separate from the distribution of bought-back tokens to veASTER stakers.
The team allocation represents 5% of total supply, equal to 400 million ASTER. Under the allocation schedule, those tokens were subject to a 12-month cliff from token generation and 40 months of linear vesting afterward. The new burn sequence states that this allocation will be used first when matching buybacks with reserve burns.
Aster’s public buyback wallet is listed as 0xa0edBaBcb48034e368de286b49F9603C7AfA1b60, while the listing fee wallet is listed as 0x39C473f4420e4ae9Ab3fe9e7ceDFc08F9684bB1a. These addresses provide designated locations for the revenue buyback program and permissionless listing fee collection. The update presents the wallets as part of the on-chain settlement structure for the revised tokenomics system.
Allocation Schedule Remains Part of the Framework
The ASTER token supply remains divided across airdrop, ecosystem and community, treasury, team, and liquidity and listing categories. The largest allocation is the airdrop category, which accounts for 53.5% of supply or 4.28 billion ASTER. That portion is intended for traders, community builders, and ecosystem stakeholders across current and future reward programs.
The ecosystem and community allocation accounts for 30% of supply or 2.4 billion ASTER. It covers the APX upgrade allocation, liquidity support, ecosystem partnerships, marketing activities, staking rewards, and grants. The update notes that this category originally followed a 20-month linear distribution model, but staking emissions are now the only active use outside the APX-to-ASTER swap.
The treasury holds 7% of supply, equal to 560 million ASTER, for governance-approved future initiatives and operational reserves. Liquidity and listing account for 4.5% or 360 million ASTER, and is fully unlocked at token generation for exchange liquidity support. Together with the revised fee buyback and burn structure, these allocations set the current framework for ASTER tokenomics.
