In brief
- Aster has delayed its airdrop from October 14 to October 20, due to “potential data inconsistencies” leading to miscalculated token allocations.
- The announcement said that “for most users,” the new figures should not be lower than what they have already been shown.
- It comes just hours after the airdrop checker went live, which prompted a stream of users to complain about their allocations.
Multi-chain decentralized exchange Aster has delayed its airdrop due to what it has identified as “potential data inconsistencies affecting certain users’ ASTER allocation.”
It is now targeting an October 20 date for the token drop to users, less than a week’s delay from its original October 14 date.
Aster’s announcement said that “for most users,” any updated figures should not be lower than what they have already been shown. Allocation numbers will be updated in the coming days.
Meanwhile, the ASTER token has climbed nearly 3% on the day to $1.75, sitting just shy of a $3 billion market capitalization, which makes it the 54th largest cryptocurrency according to CoinGecko.
Despite Friday’s upswing, which comes amid losses across much of the crypto market, predictors on Myriad Markets believe it is 85% unlikely that Aster will hit $4 before November. (Disclosure: Myriad Markets is developed by Decrypt’s parent company, DASTAN.)
Aster is a decentralized exchange specializing in perpetual futures with leverage up to 1,001x, operating on Solana, Ethereum, Arbitrum, and BNB Chain. The project is backed by YZi Labs, the crypto investment firm of Changpeng “CZ” Zhao, who co-founded Binance.
The airdrop delay comes just hours after the “S2 airdrop checker” went live, for which Aster said 153,932 wallets are qualified for a token allocation. After posting the checker, Aster was flooded on social media with disappointed customers claiming their allocation had been miscalculated.
“I hope this calculation is wrong, almost $9 million volume is only 336 tokens,” one X user said. “I believe it’s wrong, I saw people who made half of these points with more ASTER, and people with the current share smaller than mine.”
“The airdrop amount was calculated based on multiple factors from Stage 2 activities, including your trading volume, holding duration, Aster assets (asBNB, USDF), realized P&L, and referral or team contributions across different epochs. All eligible users’ points were then proportionally converted into their final airdrop allocation,” the Aster X account replied.
A matter of hours later, Aster confirmed that there had been inconsistencies with the calculation and delayed the airdrop, targeting the later date.
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