Decentralized exchange Aster has taken a proactive step to support its native token, $ASTER, by launching a substantial buyback program. The initiative allocates between 70% and 80% of S3 fees toward repurchases. This allocation will be adjusted based on market conditions, with final details revealed after the conclusion of Season 3 (S3). The team underscores the importance of maintaining flexibility in this volatile environment as a growing project.
A statement from Aster highlights, ‘As a growing project and in these uncertain market conditions, it’s important to maintain operational flexibility.’ Additionally, future airdrops and buyback announcements will be made once new data becomes available.