Aster Burns 77.8M Tokens and Transfers Another 77.8M to a Locked Airdrop Wallet

With half of its repurchased tokens now reserved for future airdrops, Aster is signaling a continued commitment to community incentives and controlled supply reduction.

The multi-chain DEX, backed by YZi Labs, announced on Thursday that it has burned roughly 78 million ASTER tokens, permanently removing them from circulation as part of its S3 buyback initiative.

The burn is aimed at increasing token scarcity and reinforcing long-term value. At the same time, the project moved an equivalent 78 million tokens into a locked airdrop wallet designated for future community distributions.

Aster confirmed that token buybacks will continue under its ongoing S4 program.

At the time of writing, ASTER was trading above $1, down about 2% in the past 24 hours, yet the token has shown notable resilience throughout recent market pullbacks.