PANews reported on December 8th that Aster announced on its X platform that it will accelerate the execution speed of its Phase 4 buyback within the existing framework, increasing it to approximately $4 million per day. The effective date is December 8th. This acceleration allows it to more quickly put the Phase 4 fees accumulated since November 10th onto the blockchain, providing more support during periods of market volatility. Based on current fee levels, a stable execution state is estimated to be reached within 8 to 10 days. Afterward, daily buybacks for Phase 4 will continue at 60% to 90% of the previous day's revenue until the end of Phase 4.PANews reported on December 8th that Aster announced on its X platform that it will accelerate the execution speed of its Phase 4 buyback within the existing framework, increasing it to approximately $4 million per day. The effective date is December 8th. This acceleration allows it to more quickly put the Phase 4 fees accumulated since November 10th onto the blockchain, providing more support during periods of market volatility. Based on current fee levels, a stable execution state is estimated to be reached within 8 to 10 days. Afterward, daily buybacks for Phase 4 will continue at 60% to 90% of the previous day's revenue until the end of Phase 4.
Aster: Phase 4 buybacks accelerate to approximately $4 million per day
PANews reported on December 8th that Aster announced on its X platform that it will accelerate the execution speed of its Phase 4 buyback within the existing framework, increasing it to approximately $4 million per day. The effective date is December 8th. This acceleration allows it to more quickly put the Phase 4 fees accumulated since November 10th onto the blockchain, providing more support during periods of market volatility. Based on current fee levels, a stable execution state is estimated to be reached within 8 to 10 days. Afterward, daily buybacks for Phase 4 will continue at 60% to 90% of the previous day's revenue until the end of Phase 4.
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