Aster DEX Unveils Tokenomics Upgrade; $ASTER Jumps Over 10%

Aster DEX said it will route 99% of daily platform fees into automatic $ASTER buybacks for veASTER stakers, with matching burns aimed at cutting total supply toward 3 billion. According to BeInCrypto, buybacks will execute via TWAP and settle on-chain to a public wallet (0xa0edBaBcb48034e368de286b49F9603C7AfA1b60), with repurchased tokens added to Loyalty Rewards on top of a 300,000 $ASTER base pool. Burns will occur bi-weekly, starting with team allocations, and spot listings will carry a 50,000 USDT fee routed into the same system.