HomeCrypto NewsAccording to Aster, despite the confusion locally, tokenomics stays unchanged after the...

According to Aster, despite the confusion locally, tokenomics stays unchanged after the CMC update

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Decentralized exchange Aster said its tokenomics will remain unchanged after an update from CoinMarketCap (CMC) sparked speculation locally about changes to the project's unlock schedule.

The confusion began when users noticed that the token unlock dates shown on Binance and CMC, previously set at 2025, were pushed back to mid-2026 and in some cases to 2035.

However, the team clarified that the info reflected on CMC was the results of miscommunication quite than a policy change. According to Aster, the project's original tokenomics included monthly ecosystem unlocks, but for the reason that team didn’t yet have a usage plan for these tokens, not one of the planned unlocks were carried out.

Since the token generation event, the tokens allocated for these unlocks have remained unused and stored at a locked address, meaning they’ve never contributed to ASTER's circulating supply.

According to Aster, tokenomics stays unchanged. Source: Aster

Aster moves unused unlocks to the general public wallet

To avoid further confusion, Aster said it is going to transfer these unused, unlocked tokens to a special public address where movements might be tracked independently.

“We haven’t any current need or plan to spend money from this address. We will remain transparent with the community concerning the use of those funds in the longer term,” Aster said.

According to data from CoinMarketCap, Aster (ASTER) is trading at $1.12, up around 10% from the past day. However, the token remains to be down greater than 50% from its all-time high of $2.42 in September.

CZ unveils $2.5 million Aster bag

Earlier this month, Aster surged greater than 30% after Binance co-founder Changpeng “CZ” Zhao revealed he owned the token price over $2.5 million. CZ posted his wallet

Influential traders also publicly followed CZ's move. One trader, “Gold,” said he immediately opened a position in Aster, calling it the primary time CZ has announced a purchase order of a token aside from BNB.

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