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Aster Says Tokenomics Unchanged After CMC Update Confusion - news.adtechsolutions Aster Says Tokenomics Unchanged After CMC Update Confusion - news.adtechsolutions

Aster Says Tokenomics Unchanged After CMC Update Confusion


Decentralized exchange Aster said its tokenomics remain unchanged after a CoinMarketCap (CMC) update triggered speculation in its community about changes to the project’s unlocking program.

The confusion begins when the user noticed that the token unlock dates shown on Binance and CMC, previously set for 2025, have 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 original tokenomics of the project included monthly unlocks of the ecosystem, but because the team did not yet have a plan of use for these tokens, none of the planned unlocks were executed.

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

Aster says that tokenomics remains unchanged. Source: Aster

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 have no need or plans to spend from this address. We will maintain transparency with the community regarding the use of these funds in the future,” said Aster.

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

Related: Aster Delisting Exposes DeFi’s Growing Integrity Crisis

CZ reveals $2.5 million Aster grant

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