Aster DEX has successfully completed its Stage 4 buyback of $ASTER tokens, repurchasing 29,312,363.34 tokens for a total of $28 million in USDT. The buyback occurred during the week of December 8–14, with an average purchase price of $0.95 per token. All transactions were conducted through the wallet address 0x573ca9FF6b7f164dfF513077850d5CD796006fF4. This initiative aims to reduce the circulating supply of $ASTER tokens and bolster their market value, utilizing protocol fees to fund the buybacks. The strategy is part of Aster DEX's efforts to enhance on-chain activity and boost market confidence.
Aster DEX Completes $28M Buyback of $ASTER Tokens
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