PANews reported on September 29th that Aster CEO Leonard, in an interview with Mable, founder of the social protocol Trends, addressed the issue of on-chain data suggesting that a small number of addresses hold 96% of ASTER tokens. Leonard stated that his team does not control all tokens in these wallets. Based on token economics, approximately 80% of tokens are locked on-chain and can be monitored. Addresses holding airdropped tokens account for approximately 40% of the total. Other top addresses also include Aster's spot deposit addresses. Holders may be storing tokens in platform addresses with the intention of selling them at any time, given the significant price increase. Currently, only approximately 10% of the tokens are in circulation, including the 1:1 redemption share for existing users (approximately 10%) and the initial airdrop (approximately 8%). Information on subsequent linear releases has been published and can be verified on-chain. While the contract address appears to control all tokens due to the concentration of transactions, many of them actually belong to users. In addition, Leonard revealed that YZi Labs is the only private equity investor in Aster. Although their shareholding ratio is not high, their support for the company is huge and they have no intention of cashing out. From TGE to restrictions, Aster's performance in the BNB ecosystem has proven its value. Even without forced lock-up, YZi Labs has no motivation to dump the market. Moreover, the tokens they can get only come from a small part of the 5% team allocation, because they invested in equity, not the tokens themselves.PANews reported on September 29th that Aster CEO Leonard, in an interview with Mable, founder of the social protocol Trends, addressed the issue of on-chain data suggesting that a small number of addresses hold 96% of ASTER tokens. Leonard stated that his team does not control all tokens in these wallets. Based on token economics, approximately 80% of tokens are locked on-chain and can be monitored. Addresses holding airdropped tokens account for approximately 40% of the total. Other top addresses also include Aster's spot deposit addresses. Holders may be storing tokens in platform addresses with the intention of selling them at any time, given the significant price increase. Currently, only approximately 10% of the tokens are in circulation, including the 1:1 redemption share for existing users (approximately 10%) and the initial airdrop (approximately 8%). Information on subsequent linear releases has been published and can be verified on-chain. While the contract address appears to control all tokens due to the concentration of transactions, many of them actually belong to users. In addition, Leonard revealed that YZi Labs is the only private equity investor in Aster. Although their shareholding ratio is not high, their support for the company is huge and they have no intention of cashing out. From TGE to restrictions, Aster's performance in the BNB ecosystem has proven its value. Even without forced lock-up, YZi Labs has no motivation to dump the market. Moreover, the tokens they can get only come from a small part of the 5% team allocation, because they invested in equity, not the tokens themselves.

Aster CEO responds to "concentrated token holdings": Most are airdrops or platform user deposits

2025/09/29 14:33
2 min read

PANews reported on September 29th that Aster CEO Leonard, in an interview with Mable, founder of the social protocol Trends, addressed the issue of on-chain data suggesting that a small number of addresses hold 96% of ASTER tokens. Leonard stated that his team does not control all tokens in these wallets. Based on token economics, approximately 80% of tokens are locked on-chain and can be monitored. Addresses holding airdropped tokens account for approximately 40% of the total. Other top addresses also include Aster's spot deposit addresses. Holders may be storing tokens in platform addresses with the intention of selling them at any time, given the significant price increase. Currently, only approximately 10% of the tokens are in circulation, including the 1:1 redemption share for existing users (approximately 10%) and the initial airdrop (approximately 8%). Information on subsequent linear releases has been published and can be verified on-chain. While the contract address appears to control all tokens due to the concentration of transactions, many of them actually belong to users.

In addition, Leonard revealed that YZi Labs is the only private equity investor in Aster. Although their shareholding ratio is not high, their support for the company is huge and they have no intention of cashing out. From TGE to restrictions, Aster's performance in the BNB ecosystem has proven its value. Even without forced lock-up, YZi Labs has no motivation to dump the market. Moreover, the tokens they can get only come from a small part of the 5% team allocation, because they invested in equity, not the tokens themselves.

Market Opportunity
Aster Logo
Aster Price(ASTER)
$0.5446
$0.5446$0.5446
-0.27%
USD
Aster (ASTER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

TROPTIONS Corporation Announces Strategic Partnership with Luxor Holdings to Bridge Real-World…

TROPTIONS Corporation Announces Strategic Partnership with Luxor Holdings to Bridge Real-World…

TROPTIONS Corporation Announces Strategic Partnership with Luxor Holdings to Bridge Real-World Assets and Blockchain Technology. FOR IMMEDIATE RELEASE TROPTIONS
Share
Medium2026/02/07 22:26
Wanxiang A123 Unveils World’s First Semi-Solid-State Immersion Energy Storage System, Redefining Safety Standards

Wanxiang A123 Unveils World’s First Semi-Solid-State Immersion Energy Storage System, Redefining Safety Standards

DETROIT, Feb. 7, 2026 /PRNewswire/ — Wanxiang A123 Systems Corp. successfully hosted its global launch event at Wanxiang Innovation Energy City, unveiling a breakthrough
Share
AI Journal2026/02/07 22:45
Fed spokesperson: The Fed has started a moderate rate cut cycle, and there are huge differences in future decisions

Fed spokesperson: The Fed has started a moderate rate cut cycle, and there are huge differences in future decisions

PANews reported on September 18th that according to Jinshi, "Federal Reserve mouthpiece" Nick Timiraos stated that the Federal Reserve approved a 25 basis point interest rate cut on Wednesday, the first in nine months. Officials believe that recent labor market weakness has outweighed the headwinds posed by recurrent inflation. Slightly over half of officials expect at least two more rate cuts this year, suggesting the possibility of consecutive action at the remaining two meetings in October and December. This summary of economic forecasts suggests a shift in policy stance toward broader concerns about cracks in the job market—an environment complicated by significant policy adjustments that have made economic trends increasingly difficult to predict. Forecasts suggest that future policy decisions could be even more divided: Of the 19 officials present, seven predicted no further rate cuts this year, while two supported only one. Most officials believed that given the current outlook for solid economic activity (even if slowing slightly), further significant rate cuts next year were unnecessary. Fed officials have debated this balance throughout the year. Powell's decision to guide his colleagues toward a rate cut was based on a judgment that inflation risks may be more manageable, and that the Fed should accept more of them to avoid a deeper impact on the labor market.
Share
PANews2025/09/18 06:59