Aster

ASTER is the native governance and utility token of the Aster protocol. Its primary functions include:

1. Governance: Token holders can vote on proposals related to protocol upgrades, emission schedules, and treasury management.

2. Incentives and rewards: ASTER is distributed to traders, liquidity providers, and participants through point-based systems and airdrops. An initial 704 million token airdrop took place at the token generation event (TGE) on 17 September 2025.

3. Capital efficiency mechanisms: ASTER may be used in conjunction with other assets as collateral within the trading system.

4. Potential fee discounts or feature access: Subject to future governance decisions, ASTER may enable access to lower fees or advanced trading features.

The ASTER token was introduced by the team behind the Aster protocol, following the merger of Astherus and APX Finance. The unified project launched ASTER to consolidate value and functionality across both initiatives.

The team is pseudonymous. Publicly known contributors include:

• Leonard – CEO, responsible for strategic development and public communication.
• Dust – Core contributor involved in coordination and rebranding efforts.

Aster is incubated by YZi Labs, formerly known as Binance Labs, which provided early-stage support to the project.