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Aster burns 78M tokens and moves 78M to locked airdrop wallet
Source: CryptoNewsNet Original Title: Aster burns 77.8M tokens and moves 77.8M to locked airdrop wallet Original Link: Aster, a multi-chain DEX backed by YZi Labs, burned approximately 78 million ASTER tokens, permanently removing them from circulation following its S3 buyback program, the team shared in a Thursday announcement.
The burned tokens were intended to create token scarcity and support long-term value. The project also allocated an equal number to an airdrop-locked wallet.
Aster said it is continuing buyback activities with its ongoing S4 program.
ASTER was trading above $1 at the time of reporting, down 2% over the last 24 hours. The token has demonstrated great resilience during the recent market dips.
Aster on Thursday revealed its roadmap for the first half of 2026, with the spotlight on its own layer 1 network launch. Other major highlights include plans for fiat on/off-ramps, Aster Code for builders, staking, governance, and Smart Money features in Q2.