2025-12-05 14:24:25

Astar just torched a massive chunk of tokens—77,860,328 ASTER went up in flames from their buyback wallet. This kind of burn mechanism is becoming a go-to move for projects looking to tighten supply and potentially juice token value. The numbers here aren't trivial either; we're talking about a significant reduction in circulating supply that could shift market dynamics if sustained over time.

What makes this interesting is the source: the buyback wallet. That signals the team's been actively pulling tokens off the market before sending them to oblivion. Whether this translates to price action depends on broader sentiment and utility, but the deflationary pressure is real. Keep an eye on how Astar's tokenomics evolve—burns like this don't happen in a vacuum.

ASTER-0.16%

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QuietlyStaking

· 19h ago

Burning has started again. The number is indeed quite significant, but as long as the price goes up, that's a win.

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ForkItAllDay

· 12-05 14:55

This round of burning is indeed strong; 77 million is no small number. Buyback and then burn—it's an old trick but still effective. The key is whether it will continue in the future. To be honest, it's hard to say how long the deflationary expectations will last; it mainly depends on whether the ecosystem is actually being used. Whether the price can go up doesn't have much to do with burning; it still depends on popularity and applications. If this kind of operation goes too far, it can easily turn into a game of musical chairs. I hope Astar doesn't just play supply games.

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ETH_Maxi_Taxi

· 12-05 14:44

Burning tokens again. Astar's tactics are old-fashioned, and the price still keeps dropping anyway.

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DaoResearcher

· 12-05 14:36

According to the tokenomics design in the white paper, this buyback and burn mechanism is essentially aimed at countering inflation expectations. However, the problem is—assuming that all market participants are rational, which is not actually the case. From on-chain data, the destruction of 77,860,328 ASTER tokens does represent a significant contraction in circulating supply. It is worth noting that whether this deflationary pressure can truly translate into price support ultimately depends on the actual execution power of DAO governance; otherwise, it’s just a numbers game. Quoting Vitalik's views on token economic design, a pure burn mechanism without underlying value support and real use cases will eventually become nothing more than “pretty financial statements.” Astar’s recent move seems a bit over-promised.

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