BlockBeats News, March 20. Today, Aster announced the official launch of the Aster Chain staking feature, marking a core empowerment upgrade for the ASTER token following the airdrop and buyback plan. It is gradually building a closed-loop ecosystem that allows long-term holders to benefit from protocol growth. Users can now delegate ASTER to validators and flexibly choose the lock-up period to earn weekly rewards through a dual mechanism of Base Rewards and Loyalty Rewards.
• Base Rewards: Initially 150,000 $ASTER. Users earn rewards by delegating tokens to validators, and the yield depends on the validator's transaction throughput and the individual staking ratio.
• Loyalty Rewards: Initially 300,000 ASTER, including additional subsidies from the platform's buyback plan. Users can lock up ASTER (up to 208 weeks) in exchange for veASTER, and the reward weight is jointly determined by the lock-up amount, duration, and trading volume bonus.
To ensure network security, the first batch of Aster Chain validators has partnered with Trust Wallet, BNB Chain, World Liberty Financial, Lista DAO, PancakeSwap, collectively safeguarding the node security with the Aster Foundation. Users only need to log in to the staking page, select a validator, enter the staking amount, confirm the lock-up period, and then complete the operation. The staking cycle runs from Monday to Sunday UTC time, and users must complete the staking before 00:00 UTC on Monday to qualify for the next cycle's reward settlement. For detailed staking guides and technical specifications, please refer to the official documentation.
