Aster weighs vesting schedules for token airdrop recipients

Aster, a decentralized derivatives exchange, is contemplating the implementation of vesting schedules for its forthcoming token airdrop, as indicated by CEO Leonard in a recent livestream. He stated that this approach could help mitigate immediate sell pressure on the ASTER token, aligning the interests of early adopters and new airdrop recipients. The final decision regarding the vesting schedule is expected to be announced within a few days. Aster plans to release 320 million ASTER tokens, valued at approximately $600 million, for its upcoming season two airdrop. Leonard emphasized the importance of considering both the airdrop participants and existing token holders in determining the distribution method. The cutoff for season two's points is set for October 5, allowing just under a week for final decisions. Amid increased trading volume on the platform—reportedly reaching $85 billion—some community members expressed skepticism about the sustainability of activity after the incentives decrease.

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