The decentralized derivatives exchange aster is considered to implement vesting schedules for the upcoming AirDrop token, according to comments from its CEO during a recent livestream.
On Monday, Aster CEO Leonard, who did not reveal a last name, Says The transfer may limit the immediate sale of pressure to the Aster token, while the alignment of incentives between early adopters and new holders.
“I think we’re allocating the right of doing it. We’ll be kind to things and express it,” Leonard told livestream viewers. “I think in the next two to three days, you can expect us to make a final decision and release that explanation.”
Vesting, a common crypto practice, prevents early recipients from dumping tokens at the same time, reducing the risk of sharp price decline.
Cointelegraph reached the Aster for more information, but did not receive a response by publication.
Aster to release 320 million tokens for Season 2
Aster previously Says More than 50% of its token supply is allocated to community airdrops. It also announced that Release 320 million aster tokens, worth about $ 600 million, for the period of two AirDrop participants.
At the livestream, Aster’s Leonard said the team is still working on the distribution method for the upcoming Airdrop.
He said the team was wondering if the release of 4% of the supply would create a pressure sale to the token. He added that they should consider not only the participants but also the existing Aster tokenholders.
Aster previously announced That cutoff for season two points will be on October 5 at 11:59 pm UTC.
“We only have a week left, so announce it as soon as possible,” Leonard added, which signed that the participants would get confirmation before getting the Airdrop Snapshot.
Related: Vesting Nfts Top -Sales Sales Sales Chart: Cryptoslam
Aster’s Perp Daily Dex Volume reached $ 85 billion of $ 85 billion
Due to its release, aster activities have pushed the overall forever Decentralized exchange (Dex) Space’s quantity of trade with new highs.
As the cutoff approached for the period of two airdrops nearby, DEX trading volume was shooting.
On Monday, Defillama shown That 24 -hour aster trading volume jumped for $ 85 billion, more than 12 times more than its nearest competitor in the sun, lighter.
While Aster’s quantity can be signed by adoption, some community members are skeptical about It can be maintained After the incentives are dry.
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