Aster Chain Staking Function Launched, Dual Reward Mechanism Empowers $ASTER Ecosystem

Aster announced on March 20th that the Aster Chain staking function has been officially launched. This marks a core empowerment upgrade for the $ASTER token following the airdrop and buyback plan, gradually building a closed-loop ecosystem where long-term holders can benefit from protocol growth. Starting today, users can delegate $ASTER to validators and flexibly choose lock-up periods to earn weekly rewards through a dual mechanism of Base Rewards and Loyalty Rewards: * Base Rewards: Initial 150,000 $ASTER. Users obtain these by delegating tokens to validators. The yield rate depends on the validator's transaction processing volume and the individual's staking proportion. * Loyalty Rewards: Initial 300,000 $ASTER, including additional subsidies from the platform's buyback plan. Users can lock $ASTER (up to 208 weeks) in exchange for veASTER. The reward weight is determined by a combination of lock-up amount, lock-up duration, and trading volume bonus. To ensure network security, Aster Chain has initially partnered with Trust Wallet, BNB Chain, World Liberty Financial, Lista DAO, and PancakeSwap as validators, jointly safeguarding node security with the Aster Foundation. Users can complete the operation by simply logging into the staking page, selecting a validator, entering the staking amount, and confirming the lock-up period. The staking cycle runs from Monday to Sunday UTC weekly. Users must complete their staking before 00:00 UTC on Monday to qualify for the next cycle's reward settlement. For detailed staking guides and technical explanations, please refer to the official documentation.