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Aster Activates Phase 5 Buybacks, Routing Up to 80% of Fees to ASTER Purchases

Daily on-chain purchases target predictable demand with public wallets for transparency.

Overview

  • Phase 5 began on December 23 with 40% of daily fees auto-deployed to on-chain buybacks and 20–40% allocated to a discretionary reserve for targeted market purchases.
  • Aster published dedicated buyback wallets on-chain and pledged ongoing progress reports to bolster accountability.
  • Following the rollout, ASTER rose nearly 3% in 24 hours to about $0.72, yet the token remained roughly 20% lower over the past week.
  • AMBCrypto, citing Asterlify, reported about 566,000 ASTER (approximately $399,000) purchased since go-live and noted the team’s plan to channel 100% of Shield Mode net profits into buybacks.
  • Aster expanded its perpetual offerings by listing LIGHT, ZKP, and IR with up to 5x leverage to support broader platform activity.