Aster launches staking feature on its proprietary mainnet

Decentralized exchange (DEX) Aster (ASTER) has announced the launch of a staking feature on its proprietary mainnet. Users can delegate ASTER to validators and select a lock-up period to earn returns through a dual mechanism composed of "Base Rewards" and "Loyalty Rewards." The Base Rewards, earned by delegating to validators, draw from a pool of 150,000 ASTER, with yields determined by a validator's transaction throughput and an individual's staking share. The Loyalty Rewards program allows users to lock up ASTER for up to 208 weeks, with compensation based on the amount, duration, and transaction volume. This program is funded by a 300,000 ASTER pool and includes additional rewards from platform buybacks. Initial validators participating to secure the network include Trust Wallet, BNB Chain, World Liberty Financial (WLFI), Lista DAO, and PancakeSwap (CAKE). To participate, users can visit the staking page to select a validator and set their desired amount and lock-up period.