Aster Airdrop delayed due to ‘data inconsistencies’ with token allocations

Decentralized multi-chain exchange Aster has postponed 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 for users, less than a week’s delay from the original October 14 date.

Aster’s announcement stated that “for most users” the updated numbers should not be lower than what they have already been shown. The allocation numbers will be updated in the coming days.

Meanwhile, the ASTER token rose almost 3% on the day to $1.75, which remains just below its $3 billion market cap, making it the 54th largest cryptocurrency according to the figures. Coin gecko.

Despite Friday’s rebound, which comes with losses in much of the crypto marketAccording to forecasters at Myriad Markets, Aster is 85% unlikely to reach $4 before November. (Disclosure: Myriad Markets was developed by Declutterparent company DASTAN.)

Aster is one decentralized exchange specializes in perpetual futures with up to 1,001x leverage, operating on Solana, Ethereum, ArbitrationAnd BNB chain. The project is backed by YZi Labs, the crypto investment company 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 eligible for a token allocation. After posting the check, Aster was flooded on social media with disappointed customers claiming their allocation had been miscalculated.

“I hope this calculation is wrong, the volume of almost $9 million consists of only 336 tokens,” said an X user said. “I believe it’s wrong. I’ve seen people get half these points with more ASTER, and people with the current share less than mine.”

“The airdrop amount was calculated based on multiple factors from Phase 2 activities, including your trading volume, holding duration, Aster assets (asBNB, USDF), realized P&L, and referral or team contributions over different eras. All eligible user points were then proportionally converted to their final airdrop allocation,” the Aster said X account replied.

A few hours later, Aster confirmed that there had been inconsistencies with the calculation and postponed the airdrop, targeting a later date.