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Aster Chain launches staking functionality, dual reward mechanism empowers $ASTER ecosystem
Deep Tide TechFlow News, March 20 — Aster today announced the official launch of the Aster Chain staking feature. This marks a core upgrade for the $ASTER token following the airdrop and buyback programs, gradually building a closed-loop ecosystem where long-term holders can benefit from protocol growth.
Starting now, users can delegate $ASTER to validators and choose flexible lock-up periods to earn weekly rewards through a dual mechanism of Base Rewards and Loyalty Rewards.
• Base Rewards: 150,000 initial $ASTER. Users earn these by delegating tokens to validators, with yields depending on the validator’s transaction volume and the user’s staked proportion.
• Loyalty Rewards: 300,000 initial $ASTER, including additional subsidies from the platform’s buyback plan. Users can lock $ASTER (up to 208 weeks) to receive veASTER, with reward weights determined by lock-up amount, duration, and trading volume bonuses.
To ensure network security, Aster Chain’s initial validators include Trust Wallet, BNB Chain, World Liberty Financial, Lista DAO, and PancakeSwap, working together with the Aster Foundation to safeguard node security.
Users simply need to log into the staking page, select a validator, enter the staking amount, and confirm the lock-up period to complete the process. The staking cycle runs weekly from Monday to Sunday UTC. Users must complete staking before 00:00 UTC on Monday to qualify for the next cycle’s reward settlement. For detailed staking guides and technical documentation, please refer to the official documents.