YZi Labs-backed Aster delays Stage 2 airdrop citing ‘potential data inconsistencies’
Aster, the decentralized exchange backed by Binance founder Changpeng Zhao’s independent investment firm YZi Labs, is delaying its airdrop due to “potential data inconsistencies,” according to a statement on Friday. The airdrop, initially planned for Oct. 14, is now tentatively rescheduled for Oct. 20.
While the inconsistencies were not fully explained, Aster said they will update "certain users’ … allocations where needed."
"For most users, allocations should not fall below the final snapshot RH% in each epoch,” the team noted.
Aster (formerly APX Finance) is a cross-chain perpetual futures exchange looking to take on the largest perps DEX Hyperliquid, which has come to dominate the market since launching in early 2023. Aster operates on Solana, Ethereum, Arbitrum, and BNB Chain.
Aster gained significant market share after introducing a token in mid-September. The app saw $420 billion in trading activity last month, The Block previously reported.
The move to delay the latest airdrop comes shortly after some users took to social media to voice concern about abnormally small allocations quoted by the "S2 airdrop checker" deployed on Friday. One user claims to have been quoted an allocation of just 336 ASTER tokens despite trading $9 million in volume.
Some 153,000 wallets qualified for Aster Genesis: Stage 2 airdrop, according to Aster.
ASTER is trading at about $1.69, according to The Block’s price data. The token is largely flat on the day despite a marketwide pullback following President Donald Trump's escalation of tariffs imposed on Chinese imports.
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