What to Know:
- Aster transfers 4% of ASTER tokens to treasury ahead of Stage 2 airdrop starting Oct 14.
- Users can check allocations and choose to claim tokens or get full S2 trading fee refunds.
- Previous allocation errors delayed the airdrop, but new measures aim to ensure a smooth, transparent launch.
Aster DEX has just announced that it will transfer 4% of its total ASTER token supply from its airdrop reserve into the project’s treasury. The move is being done in preparation for its Stage 2 airdrop claim and comes amid recent delays and controversy over allocation errors. The announcement tries to show that despite the setbacks, Aster is now getting things back on track.
Why It Matters
Earlier today, Aster posted a notice to its X community that they’re actively moving funds on-chain to prepare for the upcoming Stage 2 $ASTER airdrop claim. “These are official transactions conducted by the team. Please stay alert, ignore the FUD, and rely only on official Aster channels for updates.”
This is not a token burn or a redistribution to users it’s shifting tokens from one internal account the airdrop reserve to another treasury. The idea is to have the funds ready and secured for the airdrop process.
This move is happening shortly after another announcement: the Stage 2 Airdrop Checker is live now. Users can go there and see how many ASTER tokens they are eligible to claim. Each participant has a choice: either claim their airdrop tokens or ask for a full refund of their Stage 2 trading fees (in USDT). You can change your choice any time before the deadline. The Claim option selection deadline is October 13, 12:00 UTC and the ASTER airdrop claim opens on October 14, 12:00 UTC. Fee refunds window: From claim open until October 15, 23:59 UTC
By making both the transfer and the checker live, Aster’s team is signaling that they intend to push ahead with the airdrop, despite prior issues.
What Bumped the Aster Airdrop Off Course
Few days ago, Aster had to postpone the Stage 2 airdrop. The team discovered data inconsistencies in user allocations. Some traders complained that despite high activity, they got lower token amounts than expected, causing the team to rework the tokenomics to ensure clarity among the community.
For example, one influencer claimed to have generated over $100 million in referral volume, yet their allocated ASTER was only 338 tokens. That sparked widespread criticism. As a result, Aster delayed the airdrop to October 20 to fix these issues and promise fairer allocation. The team also said that people who don’t want to accept the corrected allocation can get their money back in USDT.
People in the community were worried about this delay, especially since DeFi analytics platforms like DeFiLlama removed Aster from their lists because of suspicious volume correlations with Binance order books.
Why the New Move Could Help Restore Trust
Aster is trying to show that it means business this time by moving 4% of its token supply to the treasury and turning on the airdrop checker publicly. This also lets them have more control and see how the tokens will be distributed.
Also, it’s important to note that Aster has been talking about whether or not to use vesting schedules for people who get airdrops. This means that users wouldn’t be able to sell all of their tokens at once. The team thinks this is a way to protect the value of tokens and keep the interests of long-term holders and new participants in balance.
So, even though the project had some problems, their next steps show that they will be more careful. The option to give refunds, the checker that makes things more clear, and the move to internal tokens all try to restore trust.
Bottom Line
Aster hit turbulence in its Stage 2 airdrop: delayed distribution, allocation errors, criticism, and data doubts. But today’s treasury transfer and activation of the airdrop checker show the team is pushing forward and taking responsibility. They’re trying to do the airdrop properly now. Whether users buy that depends on how smooth and fair the final claim execution is.
If you’re an ASTER holder or participant, now is the moment to stay tuned, double-check allocations in the checker, and weigh your claim vs refund option before the deadlines.
Also Read: 1inch Unlocks RWAs, New Integrations and DeFi Expansion
Source: https://www.cryptonewsz.com/aster-dex-transfers-4-of-token-supply/