[DigitalToday reporter Chi-gyu Hwang] Aster, a decentralised perpetual futures exchange project, has addressed rumours involving Binance and Yzi Labs, with CEO Leonard issuing a statement himself.
He wrote on social media platform X that claims Binance or Changpeng Zhao (CZ) controls the Aster project or is using it for dumping and securing exit liquidity are unfounded.
Leonard added that Yzi Labs’ investment is under a long-term lock-up and that Aster is operated fully independently. He also denied allegations that it pursued a strategy to check or disrupt rival decentralised exchanges (DEXs).
He also disclosed the status of its buyback. He said a total of 254 million tokens have been bought back. Of those, 78 million have been permanently burned and 78 million have been re-locked for airdrop distribution. The remaining roughly 98 million are also slated for additional burning.
Aster also laid out a future roadmap. It plans to launch its own Layer 1 blockchain centred on privacy features in March and to introduce staking as well.
Chi-gyu Hwang
delight@d-today.co.kr