On January 19, Aster officially announced that it had launched the ASTER token strategic buyback reserve mechanism and started to automatically buy back ASTER tokens.
Based on the fifth phase of the buyback program announced last month, this mechanism dynamically allocates 20%–40% of the daily platform fees to market buybacks in order to maximize the buyback effect under different market conditions and continuously reduce the circulating supply of ASTER.
The initial buyback has been automatically executed from the reserve wallet 0x5E4969C41ca9F9831468B98328A370b7AbD5a397, and this can be verified on-chain.
