Key Highlights:
- Aster CEO Leonard clarifies ASTER tokenomics.
- Genesis Phase 2 airdrop will distribute 4% of tokens and reward genuine users.
- Ongoing developments include whale accumulation, Binance listing talks and Aster Chain launch.
In an interview with Mable, founder of Trends, Leonard, CEO of Aster, finally opened up about the concerns that are being raised regarding ATSER token concentration on the blockchain. The CEO of the project Aster responded with detailed clarification that roughly 96% of ASTER tokens are held in a small number of addresses, which might seem concerning at first. However, he emphasized that about 80% of these tokens are locked on-chain, which means that their movement is restricted and fully transparent. This set up allows the public to monitor token activity and prevent sudden transfers that could easily destabilize the market.
The CEO broke down the concentration of ASTER tokens, and revealed that almost 40% of the token supply consists of airdropped tokens distributed on-chain. These were given to users as part of marketing and ecosystem growth initiatives, which respectfully account for their large share.
Some of the tokens have been kept in users’ spot deposit accounts on the platform, which means that they cannot freely circulate in the market. Overall, these factors reduce the actual active circulation of ASTER tokens to about 10%.
This transparency from the CEO provides a clarity regarding the tokenomics of the project and it also shows how carefully it has been managed to support steady market activity and long-term growth.
Private Invest Stake: Equity Investment With No Lock-Up
Addressing further questions from the community, Leonard provided further details about the stake held by Aster’s sole private investor YZi Labs. In the interview, he explained that these tokens come from the team’s 5% allocation but they are structured as an equity investment rather than a standard token sale. This arrangement does not include a mandatory lock-up period, giving YZi Labs flexibility where it can decide when or how to use its holdings.
The CEO then also emphasized that, as of now, YZi Labs has not sold any of its tokens and based on the current indications, it does not even plan to sell or liquidate its position in the near future. This behaviour by the YZi Labs indicates a strong confidence in Aster’s long-term potential and the project’s future growth trajectory.
Market Developments and Investor Confidence
Since the launch of the ASTER token on September 17, 2025, whales have bought around $270 million worth of tokens. This shows a great interest from large investors.
Aster has also confirmed developing its Layer-1 blockchain, known as the Aster Chain, which will focus on privacy, fast-transactions and DeFi contracts. Negotiations for a Binance listing are underway, which could give a significant boost to the liquidity and accessibility.
Token Dynamics and Buybacks
Only about 10% of the tokens are actively circulating, with locked tokens and YZi Labs long-term holdings indicating strong commitment. The CEO has also shared plans for a token buyback program to support price stability and long-term holder value, further strengthening confidence in Aster’s growth.
Genesis Phase 2 Overview
With this interview, Leonard also announced the launch of Genesis Phase 2. In this phase, the total token supply will allocate 4% of it through an airdrop points system which will reward active participation in the Aster ecosystem.
The system prevents abuse and unfair behaviours, and the airdrop release schedule will be adjusted to avoid selling pressure. According to him, all the rules and regulations will be made public after the phase concludes to make sure that there is no discrepancy and that there is no manipulation or loopholes.
Phase 2 will bring new point system that will reward users based on their trading volume, holding time, referrals, use of assets and profit or loss during the campaign. In short, the more the activity on-chain, the more will be the rewards.
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