Aster Launches Listing Vote Mechanism: First Round of Voting Involves BTC and ETH Perpetual Contracts

Odaily reports that Aster has announced on the X platform the launch of a new Listing Vote mechanism, enabling a permissionless token listing process. According to the rules, any validator staking at least 20 million ASTER tokens on the Aster Chain can submit a proposal to list a new asset. The proposal then enters an on-chain vote, with the outcome determined by the staked ASTER weight.

The first round of proposals was submitted by UTechStables, involving BTC/U and ETH/U perpetual contract trading pairs. This round of voting will continue until 06:00 UTC on May 22.