🔥🔥BNB
CZ's Major Move! Personally Purchased Over 2 Million USD of ASTER, Continued Accumulation
Binance founder CZ recently confirmed that he has personally invested over 2 million USD to purchase ASTER tokens, and the buying is ongoing. This move is not merely verbal support but a substantial financial commitment, demonstrating his deep interest in the project.
Protocol Launches 'Long-term Buyback' Mechanism
Aster DEX announced that from December 23rd, 80% of the daily platform revenue will be continuously used to buy back ASTER from the open market and destroy it. This mechanism means:
· Continuous Buying Power: As long as the protocol generates revenue, funds will continuously flow into the market for buybacks.
· Deflationary Effect: The tokens bought back will be directly destroyed, gradually reducing the circulation.
· Cycle Promotion: Increased trading drives revenue growth, which in turn promotes more buybacks, creating a positive cycle.
The Dual Engines Have Started:
On one hand, there is the attention and confidence brought by industry leaders, and on the other hand, there is the daily buyback supported by the protocol's own revenue. The combination of both injects new momentum into the project.
Rational Perspective:
· The scale of buybacks ultimately depends on the actual trading volume and revenue level of the protocol.
· The model needs to be tested over time; short-term effects may not be obvious.
Welcome to Discuss
💥Little✨ Milk✨ 🐶 p 🎊u🎊 p p🎊ie s🎊👇
What does everyone think about this 'long-term buyback' model? Is it a sustainable value support or still a new attempt that needs observation?
Come and discuss 闲聊天室
