Aster to slash monthly token unlocks from 78.4M to ~2M

Decentralized cryptocurrency exchange (DEX) Aster (ASTER) announced it is scrapping its linear unlock mechanism and shifting to a staking rewards-only model for its tokenomics. Previously, 78.4 million ASTER were unlocked each month. Going forward, ecosystem tokens will only be distributed as staking rewards, with an estimated 1.8 million to 2.25 million ASTER entering the market monthly. Aster also stated that all allocated tokens unlocked since its Token Generation Event (TGE), excluding staking rewards, have not been used.