• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed
  • News

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
  • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: ASTER rose more than 20 percent! What details stood out in the 99 buyback plan?
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed
  • EdaFace Home
  • Edaface News
    • EdaFace News
    • Advertisement
    • Pricing
    • Submit News
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
  • Contact Us
  • EdaFace Home
  • Edaface News
    • EdaFace News
    • Advertisement
    • Pricing
    • Submit News
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
  • Contact Us
EdaFace Newsfeed > Latest News > Altcoin News > ASTER rose more than 20 percent! What details stood out in the 99 buyback plan?
Altcoin News

ASTER rose more than 20 percent! What details stood out in the 99 buyback plan?

vitalclick
Last updated: June 18, 2026 6:40 pm
19 hours ago
Share
SHARE

Contents
Buyback and burn modelSupply target and reward distributionMarket reaction and technical outlook

Aster announced a comprehensive tokenomics update for its native asset ASTER on June 17, 2026. Following the announcement, the ASTER price rose over 20 percent within 24 hours. The protocol stated that it will use 99 percent of its daily platform revenues to purchase ASTER from the secondary market.

Buyback and burn model

According to the announced structure, buybacks will be carried out automatically, using the time-weighted average price method. It was stated that all transactions will be recorded on the chain and the relevant wallet address will be shared publicly so that the community can verify. Aster aims to reorganize the incentive structure around ASTER as a protocol operating in the field of decentralized finance.

Mini dictionary: The time-weighted average price method is an application that allows large purchase transactions to be made over time instead of being made all at once. This method aims to limit sudden price fluctuations and stabilize the transaction cost.

Aster announced that as of June 17, 99 percent of daily platform fees will be used to buy back ASTER, in addition, an equivalent amount of permanent burning will be made from the reserve for each token purchased from the market.

The striking aspect of the model is that an equal amount of tokens from the project reserve will be permanently burned for each ASTER bought back from the market. It was stated that in the first stage, the burning will start from the assets allocated to the team. The protocol defines this structure as a combined deflation pressure of 198 percent in total.



This approach aims to reduce the supply in the market through buybacks, while also reducing the total supply through permanent burns. According to the information provided by Aster, the burning will be done every two weeks and will continue until the maximum supply decreases from 8 billion to 3 billion ASTER.

Supply target and reward distribution

As of June 17, the total supply stood at approximately 7.82 billion tokens. The circulating supply was between 2.68 billion and 2.70 billion. All ASTERs collected through buyback will be transferred to the Loyalty Rewards pool.

A base of 300 thousand ASTER will be distributed during each reward period. Tokens collected by buyback during the relevant period will also be added to this. It was noted that the distribution will be made according to the locking weights and proportionally to ASTER owners.

Another source of additional buying pressure will be the listing mechanism on Aster Spot. The entire 50 thousand USDT fee received for each token listing that is not subject to permission will be directed to the same buyback infrastructure.

Market reaction and technical outlook

Immediately after the announcement, ASTER price reached levels close to $0.80, then retreated partially due to profit taking. In the last case, the token was trading at approximately $0.74. This level indicated an increase of approximately 13 percent on a daily basis.

On the daily chart, ASTER broke above the $0.65 level, which has not been breached since April. In technical indicators, while the Relative Strength Index climbed above 65, a positive signal was also seen on the MACD side. In the near term, $0.81 stands out as an important resistance zone. If this level is exceeded, the price may move to areas not seen since the last months of 2025. It is evaluated that $ 0.65 can be watched as support in case of possible withdrawals.

Disclaimer: The information contained in this content is not investment advice. Please note that cryptocurrencies involve high volatility and therefore risk. It is recommended that you make your investment decisions based on your own research and risk assessments. You can review our Trust Center page for detailed information.

You Might Also Like

Litecoin fell into the critical support zone while the number of wallets with 10 thousand LTC and above increased by 7% in the last five months.

Elon Musk’s Robotaxi and Shiba, DOGE Message

This is the 1 Billion Dollar Target for Memecoin from the Analyst! Ascension Signal for Solana!

Support Exam in Ethereum: Is a New Rally Possible If That Level Holds?

Altcoin Whale Announces Millions of Dollar Purchases, One of the Latest Good News of 2025

TAGGED:Altcoin
Share This Article
Facebook Twitter Email Print
Previous Article Altcoin Rally News: Top Tokens To Stack Now
Next Article XRP faces resistance near 20-day EMA, $1.30 to $1.35 range stands out for mid-term outlook
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Why Ethereum is Poised to Explode to $4,600 Sooner Than You Think!
Five Altcoins With 100x Potential To Buy Now
ETF Approvals, Regulatory Frameworks, and Market Dynamics
Top News, Bitcoin and Altcoin Volatility, Major Hacks, and DeFi Investments
RCO Finance (RCOF) Captures The Future

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Coin
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimers
  • Contact Us
  • Chat Forun

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: [email protected]

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2026. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?