Aster, the multi-chain DEX backed by YZi Labs, burned about 77.8 million ASTER tokens following its S3 buyback program and moved an equal amount into a locked wallet earmarked for future airdrops, the project said in an announcement on X. The team said the move both removes supply and reserves tokens for community distribution.
The burn is intended to create scarcity and support long-term value for ASTER holders. According to the project, half of the repurchased tokens were permanently retired while the other half were transferred to a locked airdrop wallet to fund future community rewards.
Aster also confirmed buyback activities are continuing under its S4 program. At the time of reporting ASTER was trading above $1, down roughly 2% over the prior 24 hours, and the token has shown resilience during recent market dips.
The team published a roadmap for the first half of 2026, highlighting plans to launch Aster’s own layer-1 network. Additional roadmap items include fiat on/off ramps, Aster Code (developer tools), staking, governance, and Smart Money features slated for Q2 2026.
The combined approach—supply reduction via burns and token reserves for community incentives—signals Aster’s ongoing focus on aligning token economics with community growth and platform development.
