- Aster confirms no changes to its tokenomics after update discrepancies triggered community concern.
- Incorrect token unlock dates appeared on Binance and CoinMarketCap, extending from 2025 to as late as 2035.
- Unused tokens allocated for ecosystem unlocks remain locked and off the circulating supply.
- Aster plans to move these unused tokens to a public wallet for transparency.
- Binance co-founder Changpeng Zhao revealed a $2.5 million holding in Aster, influencing trader interest.
Aster, a decentralized exchange, addressed community concerns after a reporting update on CoinMarketCap (CMC) triggered speculation about its token unlock schedule. Users noticed that token unlock dates, previously set for 2025, were changed on Binance and CMC to mid-2026 and some as far as 2035.
The Aster team clarified via statement that this misrepresentation stemmed from a communication error, not an actual adjustment of tokenomics. Originally, the project scheduled monthly ecosystem token unlocks, but there has been no usage plan for these tokens. Thus, none of the scheduled unlocks have taken place.
Since the token generation event, tokens allocated for these unlocks have remained unused and securely locked in a dedicated address. These tokens have not contributed to Aster‘s circulating supply.
To increase transparency, Aster announced it will transfer the unused tokens to a public address. The team said, “We currently do not have a need or plans to spend from this address. We will maintain transparency with the community regarding the usage of these funds in the future.”
At present, Aster (ASTER) trades at approximately $1.12, reflecting a near 10% increase over the past day. The token, however, remains down more than 50% from its all-time high of $2.42 recorded in September.
Earlier this month, Aster saw a significant price surge exceeding 30% after Binance co-founder Changpeng “CZ” Zhao disclosed ownership of over $2.5 million in the token. CZ shared his wallet details on X, noting that these purchases were from personal funds and emphasizing he is a long-term holder, not a trader.
This disclosure led influential traders, such as the trader identified as “Gold,” to open positions in Aster. “Gold” remarked it was the first time CZ publicly announced buying a token other than Binance Coin (BNB).
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