Aster DEX Halts ASTER Airdrop

TLDR

Table of Contents

Aster DEX suspended ASTER airdrop after discovering allocation discrepancies that affected some users’ snapshot ratios.
Users will have 48 hours to choose USDT refunds after revised allocations are released by Aster DEX team.
The airdrop remains scheduled for October 20 despite delay caused by allocation calculation issues from reward epochs.
Aster DEX introduced refund option to ensure fairness for participants affected by inconsistent token allocations.

Aster DEX has temporarily suspended its ASTER token airdrop following user complaints about allocation discrepancies. The decentralized exchange discovered potential issues causing some participants’ allocations to differ from expected snapshot ratios. The team announced the halt to review and correct the inconsistencies before proceeding with token distribution.

Allocation Issues and Review Process

The platform identified that certain users’ allocations fell below their final snapshot holding percentages in each epoch. According to Aster, most participants should not experience such reductions. The team currently examines the discrepancies tied to allocation calculations from reward epochs.

These epochs track user participation statistics to determine token rewards. However, the exact nature of the data inconsistencies remains undisclosed. The review process has already begun, with updated allocation numbers expected within coming days. Notably, this internal audit aims to verify all data and token allocations for accuracy.

Refund Option and Timeline

Aster introduced a refund option to ensure fairness for affected participants. Users will receive up to 48 hours after the revised data release to decide on refunds. Those choosing this option will receive USDT one day after the airdrop occurs.

The exchange recently saw renewed investor confidence after the ASTER token price surged following a Binance listing announcement. Despite the delay, the airdrop remains scheduled for October 20. Meanwhile, the additional time allows thorough verification of all allocation data. The platform emphasized this step maintains transparency and community trust throughout the distribution process.

Community Response and Previous Performance

The date adjustment directly responds to community members who reported discrepancies between supposed and actual allocations. The team acknowledged receiving this feedback and values continued input from users. Prior to this review, Aster dominated perpetual DEX volumes despite notable Wintermute transfers.

The DEX stated it welcomes further feedback as the ecosystem expands. However, the platform has not provided a specific timeline for completing the allocation review. The October 20 deadline remains firm, giving the team over a week to finalize corrections. This approach ensures all participants receive accurate token distributions matching their epoch participation levels.

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