Aster unveils revised token burn and airdrop plan

Decentralized perpetuals exchange Aster (ASTER) has announced a revised plan for its S3 buyback and airdrop program as part of a broader tokenomics overhaul. According to a post on X, 50% of the total buyback volume, funded by fees from its S2 and S3 initiatives, will be sent to a public address to be burned. The exchange said this will reduce the token supply and enhance the ecosystem's long-term stability. The other 50% will be moved to a locked airdrop address, a move designed to lower the circulating supply while also funding potential future airdrops for active users and long-term holders.