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Aster Burns Team Tokens as 99% Fee Buyback Plan Removes 6.02M ASTER in Two Weeks

In Markets
July 13, 2026

Aster uses 99% of daily fees to buy back 3.08M ASTER, with a matching team burn lifting upgraded burns to 6.02M.

Aster has shared a new buyback and burn update under its upgraded tokenomics plan. The update covers platform activity from June 29 to July 13, 2026.

The project said 99% of daily platform fees were used to buy back ASTER for stakers. The total buyback during the two-week period reached 3,083,815.69 ASTER.

Aster also burned a matching 3,083,815.69 ASTER from the team allocation. The matched action brought the upgraded model cumulative burn to 6,020,941.22 ASTER.

The update has placed Aster’s fee use, staking rewards, and token supply changes back in focus. Traders are also watching whether future fee activity supports more buybacks.

Fee Buyback Plan Supports Stakers

Aster said the latest buyback window started on June 29 at 00:00 UTC. It ended on July 13 at 00:00 UTC, according to the project update. During that period, daily platform fees were mainly directed toward ASTER purchases.

The project said 99% of those fees brought back 3,083,815.69 ASTER for stakers. Stakers are users who lock tokens to support a network or reward system. In return, they may receive rewards based on the program rules.

This structure connects platform fee activity with staking rewards. Tokenomics refers to how a token supply and rewards are structured. Aster’s latest update shows how fees were used under the revised model.

Team Allocation Burn Matches Buyback

A matching 3,083,815.69 ASTER was burned from the team allocation. A token burn removes tokens from a selected supply pool. In this case, Aster said the burned tokens came from the team allocation.

MSB Intel reported that Aster burned 6.02 million tokens in two weeks. The report also noted the 99% fee buyback plan and matching team allocation burn. It placed the cumulative burn since June 17 at 6,020,941.22 ASTER.

Aster also shared a BscScan transaction record for the burn. On-chain records allow users to review token movements directly. However, future updates will show whether the same pace continues.

Read also: Aster Chain Reaches 100 million Blocks as Derivatives L1 Activity Grows

Wider Burn Total and Staking APY

Aster reported cumulative burns across all programs of 183,801,942.79 ASTER. This figure includes burns outside the latest upgraded tokenomics period. It gives a wider view of token removal across the project’s history.

The project also shared estimated staking APY figures as of July 13, 2026. It listed 5.35% for a 26-week lock period. It also listed 28.85% for the maximum 208-week lock period.

Aster said the staking APY remains variable. That means rewards can change depending on program conditions and fee activity. Analysts may now watch fee revenue, staking demand, and future burn updates.

The post Aster Burns Team Tokens as 99% Fee Buyback Plan Removes 6.02M ASTER in Two Weeks appeared first on Live Bitcoin News.

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Mary J. Batiste is a blockchain writer and tech journalist who covers NFTs, cryptocurrency trends, and Web3 culture. Her work focuses on making complex crypto concepts accessible and engaging, emphasizing education and community empowerment. In her free time, Mary collects digital art, experiments with blockchain gaming, and contributes to online NFT communities.