ASTER announced an acceleration of Phase 4 of its share buyback program, increasing the average daily buyback amount to approximately $4 million.

According to Odaily Planet Daily, the ASTER team has released a new announcement stating that it will increase the pace of Phase 4 buybacks under the existing mechanism to enhance support for ASTER holders. The accelerated buyback scale will increase from approximately $3 million per day to approximately $4 million per day, effective December 8th.

The official statement indicates that this move will allow for a faster return of the Phase 4 fees accumulated since November 10th to be invested in on-chain buybacks, and will strengthen support during periods of market volatility. Based on current fee levels, it is estimated that the buyback will reach a stable execution phase within 8 to 10 days, after which the daily buyback volume will continue to be maintained between 60% and 90% of the previous day's revenue, in accordance with Phase 4 rules.

The team emphasized that all operations were carried out transparently on-chain, and the relevant execution wallet addresses remained unchanged.