Aster token jumps 10% after DEX redirects 99% of daily fees to buybacks and burns

Aster DEX has overhauled its tokenomics, redirecting 99% of daily platform fees into automatic $ASTER buybacks and lifting the token more than 10% on the day. The protocol said it will conduct TWAP buybacks throughout each day and settle them on-chain to a public wallet. For every token repurchased, an equal amount will be permanently burned from reserves, starting with team allocations.