Aster repurchased 2.7217 million ASTER tokens over the past two weeks and burned an equivalent amount from the team allocation.

PANews October 19 news: Aster disclosed on the X platform that from 0:00 on October 5 to 0:00 on October 19 (UTC), the platform used 99% of daily fees for buybacks, cumulatively purchasing 2.7217 million ASTER for stakers, and burned an equivalent amount of ASTER from the team allocation. Since the token economic model upgrade on June 17, approximately 32.3079 million ASTER has been cumulatively burned; all burn plans combined have burned approximately 210 million ASTER.

Aster stated that as of October 19, the estimated staking annualized yield for a 26-week lock-up is 4.53%, and the estimated annualized yield for the longest lock-up of 208 weeks is 24.8%; the above yields are subject to change.