Aster CEO Leonard said the team is weighing how to balance benefits for existing holders and upcoming airdrop recipients.
Decentralized derivatives exchange Aster is considering whether to implement vesting schedules for its upcoming token airdrop, according to comments from its CEO during a recent livestream.
On Monday, Aster CEO Leonard, who has not disclosed a last name, said the move could limit immediate sell pressure on the ASTER token, while aligning incentives between early adopters and new holders.
“I think we reserve the right of doing it. We will kind of decide things and announce it,” Leonard told livestream viewers. “I think in the next two to three days, you can expect us to make a final decision and release that explanation.”
Read more