4h ago
Alright I did the maths.
$ASTER S3 Buyback Details:
70-80% of all fees will go back into buybacks.
Average fee per day until now = 2.38 mill a day
2.38 mill * 35 = 83.3 mill over whole S3 MINIMUM.
Current aster price = 1.10$
70% of 83.3 = around 60 mill buyback = 55 mill aster
80% of 83.3 = around 67 mill buyback = 61 mill aster.
20% to the aster operations = 16 mill usd per 35 days.
So around 0.69% to 0.76% of total aster supply will be bought back.
S2 buyback = 160 mill dollars = 100 mill aster = 1.25%
s2+s3 combined = 2% of all $ASTER bought back.
Keep in mind these numbers show you the generational bottom, the metrics will only increase from here on out month after month.
Aster is only 38 days old.
Yearly buybacks derived from these numbers > MINIMUM 870 mill a year = 38.9% of whole float if $ASTER stays around 1.1$.
Insane
6h ago
Buyback Announcement:
ASTER is currently targeting 70-80% of S3 fees for $ASTER buybacks, exact allocation will depend on market conditions and final results will be released following conclusion of S3.
As a growing project, and in these uncertain market conditions, it’s important to maintain operational flexibility. Subsequent season airdrops and buybacks will be announced as details are confirmed.
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