In the space of ten days, the decentralized platform Aster has established itself in the perpetual contract market, to the point of destabilizing the all-powerful Hyperliquid. Now, a $600 million airdrop of ASTER tokens is in the works, but a vesting schedule could be applied.
ASTER airdrop: implementation of a vesting period?
Despite its recent rise, the decentralized platform Aster is already establishing itself as a direct competitor to the DEX Hyperliquid in the perpetual contract market. It is a success story in the crypto world, driven by the open support of Binance founder Changpeng Zhao and community enthusiasm that shows no sign of waning.
At the same time, an airdrop of 320 million ASTER tokens estimated at $600 million—about 4% of its total supply—is set to take place soon. This procedure involves earning points by performing transactions on its platform until October 5, and it is possible to optimize farming using the Binance Wallet.
But a question seems to arise for those in charge of the Aster project. How can they strike the right balance between the benefits for current ASTER token holders and those who will benefit from this airdrop? All without running the risk of seeing its price collapse under relentless selling pressure at the time of delivery.
This question was shared by the founder of the Aster platform—known simply as Leonard—during a livestream shared on the X network by a certain Mable.sol. The proposed solution could take the form of a vesting schedule.
Confirmation in a few days
In practice, a vesting schedule involves blocking a certain amount of tokens for a predefined period of time in order to avoid excessive selling pressure from the project’s founders, its initial investors, or the beneficiaries of an airdrop.
In the case of Aster, it is the beneficiaries of its airdrop who are directly affected. However, this option is still under consideration, as the platform’s managers have apparently not yet made a decision on the matter, as Leonard is keen to point out.
We reserve the right to do so. I think in two or three days, you can expect a final decision and an official explanation.
Leonard
This airdrop is the second edition of this procedure implemented by Aster. In total, the project has announced that 50% of its total supply will be distributed to the community in this form, for a total of 4 billion tokens.
As for the vesting option, there is only one week left to make a decision, before October 5.
