Aster extends lockup for 400 million ASTER team allocation by one year

Decentralized exchange Aster said it has postponed the unlock of 400 million ASTER allocated to the team to Sept. 17, 2027, from Sept. 17, 2026. The tokens account for 5% of the maximum supply. Under the previous schedule, 10 million ASTER had been set to be released sequentially each month starting Sept. 17. Aster said its existing buyback-and-burn mechanism will remain in place, with an amount equal to repurchased ASTER burned from reserves and team-allocated tokens burned first.