By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Aster says tokenomics unchanged amid community confusion after CMC update
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Crypto > Aster says tokenomics unchanged amid community confusion after CMC update
Crypto

Aster says tokenomics unchanged amid community confusion after CMC update

By Viral Trending Content 3 Min Read
Share
SHARE

Decentralized exchange Aster has said that its tokenomics remain unchanged after a CoinMarketCap (CMC) update triggered speculation across its community about changes to the project’s unlock schedule.

Contents
Aster to move unused unlocks to public walletCZ reveals $2.5 million Aster bag

The confusion began when users noticed that token unlock dates shown on Binance and CMC, previously set for 2025, had been pushed to mid-2026 and, in some cases, 2035.

However, the team clarified that the data reflected on CMC was the result of a miscommunication rather than a change in policy. According to Aster, the project’s original tokenomics included monthly ecosystem unlocks, but because the team has not yet had a usage plan for these tokens, none of the scheduled unlocks were executed.

Since the token generation event, the tokens allocated for these unlocks have remained unused and stored in a locked address, meaning they have never contributed to ASTER’s circulating supply.

<em>Aster says tokenomics remain unchanged. Source: </em><a href="https://x.com/Aster_DEX/status/1989619227922501668" rel="nofollow noopener" target="_blank" title="https://x.com/Aster_DEX/status/1989619227922501668"><em>Aster</em></a>

Related: How Aster, Lighter and Hyperliquid Fuel the Onchain Rivalry

Aster to move unused unlocks to public wallet

To prevent further confusion, Aster said it will transfer those unused unlocked tokens to a dedicated public address where movements can be independently tracked.

“We currently do not have a need or plans to spend from this address. We will maintain transparency with the community regarding the usage of these funds in the future,” Aster said.

Aster (ASTER) is trading at $1.12, up by around 10% over the past day, according to data from CoinMarketCap. However, the token is still down by more than 50% compared to its all-time high of $2.42 registered back in September.

Related: Aster Delisting Exposes DeFi’s Growing Integrity Crisis

CZ reveals $2.5 million Aster bag

Earlier this month, Aster surged more than 30% after Binance co-founder Changpeng “CZ” Zhao disclosed he holds over $2.5 million worth of the token. CZ posted his wallet on X, noting he had bought some Aster using personal funds and stressing that he is a long-term holder, not a trader.

Influential traders also publicly followed CZ’s move. One trader, “Gold,” said they opened a position in Aster immediately, calling it the first time CZ had ever announced buying a token other than BNB.

Magazine: 2026 is the year of pragmatic privacy in crypto — Canton, Zcash and more

You Might Also Like

Polymarket Sees Record $153M Daily Volume After Chainlink Integration

Elon Musk’s xAI sues Colorado arguing its AI rules restrict speech

OKX Ventures, HashKey back VPBank-linked CAEX for Vietnam crypto pilot push

Bitcoin Figure Adam Back Denies Being Satoshi Nakamoto

CIA to integrate AI ‘co-workers’ to process intelligence, catch spies

TAGGED: Crypto, Crypto News, News
Share This Article
Facebook Twitter Copy Link
Previous Article Ethereum Treasury Firm Bitmine Appoints New CEO Amid Leadership Overhaul — Details
Next Article James Pickens Jr.’s Wife: Meet the ‘Grey’s Anatomy’ Star’s Spouse Gina
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
Business
Apple AI Pin Specs Leak: Dual Cameras, No Screen & More
Tech News
A ‘glass-like’ battlefield: German Army chief on the future of warfare
World News
Polymarket Sees Record $153M Daily Volume After Chainlink Integration
Crypto
Natasha Lyonne Then & Now: See Before & After Photos of the Actress Here
Celebrity
Cult Hit Doki Doki Literature Club Fights Removal From Google Play Store Over ‘Depiction Of Sensitive Themes’
Gaming News
Dead as Disco Launches Into Early Access on May 5th, Groovy New Gameplay Released
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
April 10, 2026
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?