Aster DEX has completed the second phase Airdrop, and the third phase "Dawn" has arrived: choose between Airdrop and fee refunds.

The decentralized trading platform Aster DEX has announced the official conclusion of its second phase Genesis Airdrop event (S2), and immediately launched a new rewards phase — "Stage 3: Dawn." The third phase started on October 6, and the rewards for the second phase will be available for claim starting October 10, continuing for 48 hours.

Phase two of Genesis has ended: distributing 4% of $ASTER tokens.

In the Genesis phase that ended on October 6, Aster DEX released approximately 4% of the total supply of $ASTER tokens, equivalent to 320 million tokens. This airdrop was allocated based on users' Rh scores on the platform, which are determined by trading volume, position holdings, and the yield-bearing assets provided (such as asBNB and USDF). According to the official X announcement, airdrop claims will open on October 10 and close on October 12. The official token distribution will start on October 14.

Two reward options: Airdrop or full fee refund

Aster DEX offers two reward options after the end of the second phase, disrupting the traditional Airdrop model:

Option 1: Claim $ASTER Airdrop (default setting)

Option 2: Full refund of the transaction fees for the second phase, equivalent to a free trading experience.

Users can choose to hold coins directly based on their own needs, or recover costs to reduce participation risks. The refund of transaction fees will be processed in batches after the receipt ends.

Phase Three Dawn Launch: Fairer Distribution and Clearer Rules

In response to community criticisms regarding the uneven distribution of rewards in each epoch during Stage 2, Aster DEX is making significant adjustments in Stage 3 Dawn:

All airdrop allocations will be "evenly distributed" in each Epoch.

The event period is five weeks, officially starting from October 6.

The support range has expanded to include both perpetual contracts and spot trading, allowing the accumulation of Rh points.

These adjustments aim to enhance fairness and encourage users to continue participating, rather than just pursuing short-term Airdrops.

Community reactions are polarized: some are optimistic about the flexible design, while others are concerned about potential mechanisms vulnerabilities.

The announcement of Aster DEX on X has sparked heated discussions, with supporters and skeptics each taking their stand:

@Mike_Ess_ believes that "the refund of transaction fees is simply a divine operation," alleviating concerns about the oversupply of tokens.

@aster_cz expressed optimism about the prospects of $ASTER and praised the platform's feedback mechanism to the community.

But there are also users who hold a reserved attitude:

@T_trades771 compares the refund of transaction fees to "de facto repurchase", which may lead to a decrease in circulation.

@Stupifff is concerned that some users might manipulate Rh scores through Wash Trading, affecting the rewards distribution for other honest participants.

In the face of the fiercely competitive DeFi market, Aster DEX strives to compete with rivals such as Hyperliquid. In addition to the Airdrop mechanism, the platform also offers:

A standard referral rewards rate of 10%, the larger the trading volume, the higher the proportion that can be obtained.

Using $ASTER to pay for spot trading fees can enjoy a 5% discount, promoting token utility.

The official reminder to users is to pay attention to the official claim page and avoid clicking on phishing websites. The Airdrop claim opening on October 10 will be a key moment to observe the market reaction of $ASTER .

This article Aster DEX has completed the second phase Airdrop, and the third phase "Dawn" is here: Airdrop or transaction fee refund, choose one. It first appeared on Chain News ABMedia.