Decentralized derivatives platform Aster is contemplating a vesting period for its upcoming airdrop of 320 million ASTER tokens, valued at approximately $600 million. This strategy aims to mitigate potential price drops from immediate selling pressure. CEO Leonard indicated that a decision will be announced within two to three days. The airdrop constitutes 4% of the total ASTER token supply, with over half of the supply already distributed through previous airdrops. This decision is pivotal for Aster's governance and growth strategy.
Aster Weighs Token Vesting for $600M Airdrop to Curb Price Volatility
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