Aster: Team Allocation of 400 Million ASTER Extended with a 12-Month Lockup Period until September 2027

BlockBeats News, September 1st, Aster Official announced on social media that the team's allocation of 400 million ASTER (5% of the total supply) will extend the cliff vesting period from September 17, 2026, to September 17, 2027. Originally, the team's allocation was supposed to unlock 10 million ASTER per month starting from September 17, 2026; currently, this portion of the tokens has been fully locked since TGE and will continue to be locked until September 17, 2027.

Aster stated that this adjustment will not affect ASTER's buyback and burn mechanism. For every 1 ASTER bought back, an equivalent amount of ASTER will continue to be burned from the reserves, with the team's allocated tokens being prioritized for burning.