Aster Delays Airdrop to Fix Data Issues and Address User Concerns

Aster, a decentralized exchange, has announced a delay in its upcoming token airdrop. The distribution event, originally planned for October 14, will now take place on October 20. The company said the change was due to potential data inconsistencies found during the preparation process.

Aster to Fix Data Issues and Ensure Fair Token Distribution

On October 11, Aster, backed by YZi Labs, CZ Zhao’s family office that supports projects built on the BNB Chain, said it discovered data inconsistencies during its review of user allocations. 

Although the team did not share specific details, they explained that they would need additional time to ensure accuracy. The airdrop will now take place on October 20, and the team plans to adjust user allocations where necessary. 

Aster emphasized that most users will not see major changes to their final token amounts. The project also announced that users who are not satisfied with their final allocation will have a chance to request a refund in USDT. However, this option will be available after the updated allocations are released.

The decision to delay the airdrop came after several users went public with concerns about unexpectedly small allocations shown on Aster’s S2 airdrop checker tool. One user claimed he traded $9 million in volume but was only assigned 336 ASTER tokens. Another community member and influencer said he generated over $100 million in referral volume but received only 338 tokens. 

Aster Faces Backlash Over Airdrop Fairness Amid Rapid Growth

These reports sparked a wave of frustration on social media. Many users questioned whether the allocation process was fair and transparent. Some even accused Aster of giving insiders larger shares of the airdrop while limiting rewards for regular users.

In response, representatives linked to YZi Labs encouraged affected users to share data and help verify the numbers. Aster has promised to review all claims before finalizing the airdrop list.

Aster allows users to trade derivatives across several blockchains, including Solana, Ethereum, Arbitrum, and BNB Chain. Aster gained attention in mid-September when it launched its own token and quickly attracted significant trading activity. 

Reportedly, the exchange recorded $420 billion in trading volume last month. The project aims to compete with Hyperliquid, one of the leading decentralized perpetual exchanges that has dominated the market since early 2023.

ASTER’s Price Holds Steady Amid Crypto Meltdown

Despite the delay, ASTER’s price remained stable at around $1.69, according to CoinMarketCap data. The token’s value did not drop sharply, even though the broader crypto market saw a small pullback following global economic news.

All eyes are now on October 20, when Aster is expected to complete the airdrop. The company’s reputation will depend on how well it fixes the data issues, explains the situation to users, and makes sure the airdrop is shared fairly.