Recently, discussions about the ASTER project in the market have been quite lively. A well-known industry figure personally invested over $2 million to buy the token and continued to add to their position. This move has indeed attracted a lot of attention.

What’s truly worth pondering is the mechanism design behind the project. According to official information, 80% of the protocol’s daily revenue is used for automatic repurchase and burning of ASTER. Logically, this creates an interesting cycle: increased trading volume → increased buyback and burn → decreased circulating supply → pressure on supply side is relieved. It sounds good in theory, but the actual effectiveness remains to be verified over time.

$ETH $BNB $ASTER

We often hear two opinions. One believes this mechanism is a long-term value support engine, while the other thinks it might be a short-term market narrative. Honestly, any new economic model needs to be tested in actual operation. Large capital investments indeed represent some confidence, and the project mechanism also reflects the ideas of the designers — but ultimately, only the market will answer with time.

What’s your view? In your judgment, is the long-term buyback and burn mechanism a genuine value driver, or are there other factors at play?