Aster CEO Denies Insider Dumping Amid Token Controversy
Aster CEO Leonard has denied recent rumors that insiders engaged in token dumping or that Binance founder Changpeng “CZ” controls the project, calling such claims baseless. He emphasized that Aster operates independently with YZi Labs’ investment locked long-term and follows published tokenomics. The DeFi perpetual exchange has completed 254 million token buybacks and burned 78 million, with automated daily buybacks planned. Future plans include deeper liquidity, a privacy‑focused Layer 1 chain, staking, and slowing token emissions to support long‑term growth.
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