📉 ASTER token is at its lowest levels... and a counterattack via "buyback"!
Despite the price of the ASTER token dropping by over 12% and reaching a new historical low of $0.61, the Aster Protocol has officially started activating its strongest strategic weapon: Phase 5 of the buyback program.
🔍 What is happening now?
In light of market pressures and sharp fluctuations, the team did not remain idle. With the start of the Asian session on Monday, the strategic buyback reserve was launched to absorb selling pressure and reduce the circulating supply.
⚙️ How does the price support mechanism (Phase 5) work?
The protocol relies on a "smart" strategy directly linked to platform performance, rather than just random intervention:
Daily automatic support: Allocating 40% of daily platform fees for ongoing and programmed on-chain purchases.
Flexible strategic intervention: Allocating an additional 20% to 40% of fees for intervention during sharp declines (as is happening now) to maximize value.
Full transparency: Transactions are conducted through the dedicated reserve wallet 0x5E49...a397, which is verifiable by everyone.
Clear objective: Reducing the supply of the token and restoring market confidence by directly linking the value of $ASTER to the growth and revenue of the protocol.
#Binance #aster #defi #Buyback #MarketRebound