Binance-Linked Cryptocurrency Project Announces Airdrop Distribution – Here Are the Details

Decentralized futures exchange Aster is entering a new era in its ecosystem, developed with the support of YZi Labs, which was renamed from Binance Labs, Binance's investment ￰0￱ platform, which stands out as a competitor to Hyperliquid, announced that it has officially launched the ASTER Token Generation Event (TGE) on September 17, ￰1￱ part of this initiative, 704 million ASTER tokens will be airdropped to users participating in Aster's rewards ￰2￱ TGE also marks the start of the second phase of Aster ￰3￱ Aster team stated, “Aster is entering a new ￰4￱ the TGE and Genesis: Phase 2 program, we are opening a new chapter in the on-chain trading experience.” Related News: An Almost Impossible Event Occurred in Bitcoin: Solo Miner Mined a BTC Block with a Single Device - Here's How Much Money He Made The second phase of Genesis will continue to feature Aster's reward system, Rh points.

However, this time, instead of just volume, a multi-dimensional scoring system will be implemented: Trading Volume Score: As trading volume increases, more RH points are ￰5￱ will earn twice as many points as ￰6￱ Holding Time Score: The longer the positions are held, the more points will be ￰7￱ Asset Holding Score: Using Aster assets like asBNB or USDF as collateral will earn additional ￰8￱ Profit Score: Daily realized profits and losses (excluding funding fees) will be included in the ￰9￱ points will be calculated weekly and updated using the T+1 day logic. Additionally, points will be capped at twice the weekly trading ￰10￱ the new period, Aster aims to reward users not only for their trading volume but also for their strategic trading performance. *This is not investment ￰11￱ Reading: Binance-Linked Cryptocurrency Project Announces Airdrop Distribution – Here Are the Details