Aster, Spectra Stage 1 Ends···A New Beginning Heralded

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A total of 478,000 wallets participated, achieving a transaction volume of $37.7 billion... Preparing for Stage 2

Aster, Spectra Stage 1 Concluded... Announcing a New Beginning
The decentralized derivatives exchange Aster has concluded its incentive program 'Spectra: Stage 1'. The program will complete the regular distribution of Rh points at 8:59 AM on the 23rd, after going through 21 epochs. Aster stated, "Stage 1 has ended, but this is just the beginning," and revealed that preparations for Stage 2 are already underway.

In Stage 1, over 478,000 unique wallet addresses participated, recording a cumulative transaction volume of $37.7 billion (approximately 51.5 trillion Korean won). The transaction incentive structure based on Rh points played a crucial role in attracting new users and expanding liquidity. With the program's conclusion, the airdrop allocation has been finalized, and weekly Rh point distribution will be suspended. However, a new trading incentive will be announced before Stage 2.

Additionally, Aster is restructuring the Reward Hub, which was the core of its reward system. The existing task-based rewards centered on Rh will be terminated, and a new type of incentive mission and reward system will be introduced. Aster said, "We thank all new users who came through the Reward Hub, and now the real journey begins."

Aster emphasized regarding the achievements of Stage 1, "Although one season has come to an end, our mission to create the future of on-chain derivatives continues." They then previewed the next step to be built together with the community and promised to showcase a more innovative program in Stage 2.

Choi Joo-hoon joohoon@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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