ASTER jumps after Aster reroutes 99% of daily fees to buybacks with matching reserve burns

ASTER rose more than 15% to $0.77 on June 17 after Aster said it will reroute 99% of daily platform fees into automatic buybacks. The new model links each purchase to an equal burn from reserves, which Aster describes as a 198% buyback-and-burn ratio. Since ASTER’s TGE, the team has completed six buybacks totaling more than 266 million tokens.