Aster: First Burn Executed Under Upgraded Tokenomics Model

CoinFeed June 29 news, Aster announced on X platform that the first burn under the upgraded tokenomics model has been executed and can be verified on-chain. Since June 17, 2026, 99% of daily fees have been used to buy back 2,937,125.53 ASTER for stakers, and an equal amount of ASTER has been burned from the team allocation. Earlier news, the Aster team reportedly burned 2.937 million ASTER, worth about $1.85 million.