Aster Chain · Reference

Aster Chain glossary

Every term you need to read AsterScan and follow the Aster Chain ecosystem. Plain-English. Cross-checked against the AsterDEX docs. 22 entries.

Aster Chain

The L1 blockchain powering AsterDEX.

Proof-of-Staked-Authority L1 with ~50ms block time, derived from BNB Chain. Native token ASTER. Optimized for one workload: high-frequency on-chain orderbook matching for the AsterDEX perpetual futures DEX. Mainnet went live March 17, 2026.

ASTER

Native token of Aster Chain.

Used for gas, staking, fee burn, and protocol-level rewards. Also exists as a BEP-20 on BNB Chain via the bridge. Original deployer 0x000Ae314E2A2172a039B26378814C252734f556A.

veASTER

Locked-stake weight unit.

Virtual accounting unit — not a token in your wallet. veASTER = LockedAmount × (LockWeeks / 208). Determines your share of the loyalty reward pool. Higher veASTER → bigger reward share.

Lock period

How long you commit your stake.

Five durations supported: 26 weeks (~6 months), 52 weeks (1y), 104 weeks (2y), 156 weeks (3y), 208 weeks (4y, max). Longer lock = higher time-weight = more rewards. Breaking early triggers the early-exit penalty.

Time-weight

Multiplier derived from your lock duration.

Linear: weeks ÷ 208. So 26w = 0.125×, 52w = 0.25×, 104w = 0.50×, 156w = 0.75×, 208w = 1.00×. Used in the veASTER formula and the loyalty APY calc.

Boost tier

Volume-based loyalty multiplier.

Trading volume per epoch (1 week) on AsterDEX maps to a multiplier on your loyalty rewards. None (1.00×), Tier 1 ≥500K USDT (1.05×), Tier 2 ≥50M USDT (1.15×), Tier 3 ≥200M USDT (1.25×). Resets each epoch.

Epoch

1-week reward window.

Aster Chain rewards are computed per epoch. Each epoch lasts exactly 7 days, locked at Monday 00:00 UTC. Boost tier is measured against your trading volume that epoch. The loyalty pool of 300,000 ASTER pays out at epoch end.

Loyalty pool

Weekly 300,000 ASTER reward pool for stakers.

Distributed proportionally to each staker's 'power' (veASTER × boost) divided by the network's Total Boosted veASTER. The bigger your power vs the network total, the bigger your slice.

Base APY

Your validator's commission-adjusted yield.

Flat per-block reward emitted by the chain to active validators, then forwarded to delegators minus the validator's commission rate. As of April 2026 every active Aster validator runs at 0% commission, so base APY = validator's gross APY.

Loyalty APY

Your share of the weekly 300K ASTER pool, annualized.

Loyalty APY = (LoyaltyPool × 52 × TimeWeight × Boost) ÷ TotalNetworkPower. Higher lock + higher boost + smaller network total = higher loyalty APY for you.

Total APY

Base APY + Loyalty APY.

What you actually earn. Ranges from ~5% (26w / no boost) to ~16% (4y / 1.25× boost) depending on parameters. The Rewards Calculator at /staking/rewards computes this exactly.

Validator

Block producer + reward distributor.

Currently 7 permissioned operators on Aster Chain: Aster Validator 1 & 2 (team-run), plus Trust Wallet, BNB Chain, WLFI, Pancake, Lista. Take turns proposing blocks, earn flat block rewards + take a commission cut from delegated stake.

Commission

Cut a validator takes from delegators.

Percentage of base rewards retained by the validator before passing the rest to delegators. Currently 0% across all active Aster validators (subsidized by the team during launch phase). Expect ~2-5% drift later.

Delegate / Stake

Locking ASTER with a validator.

When you stake on AsterDEX you delegate to one validator. They produce blocks on your behalf, you earn the rewards, validator takes the commission cut. You can switch validators without breaking your lock — your veASTER carries over.

Early-exit penalty

Fee for breaking your lock before maturity.

Formula: max(2%, min(60%, weeksRemaining / 208)). Floored at 2% (so even 1-day-early costs something), capped at 60% (so 4y lockers can't lose >60% of unlocked stake).

Fee Burn

Pay AsterDEX trading fees in ASTER at a discount.

Optional account-level toggle. When on, your trading fees are charged in ASTER (with a discount vs USDT) and that ASTER gets burned. Reduces circulating supply over time. See ChangePrivacyMode action type for the on-chain flip.

Buyback

Protocol-level ASTER purchases on the open market.

AsterDEX uses a slice of fee revenue to buy ASTER on the open market. Trackable in real time on /buybacks — gives a sense of net supply pressure (burns + buybacks vs new issuance).

Oracle

Off-chain price feed pushed on-chain by validators.

Validators push reference prices for every traded symbol via the UpdateOracle action. These set the mark price used for funding rates, liquidations, and PnL marking. Live feed on /oracle.

Privacy mode

Encrypted order payloads.

Optional per-account flag. When on, order payloads (symbol/side/price/qty) are submitted encrypted on-chain. Action type and submitter address stay public; the cipher is opened only by the matching engine. Adoption stats on /privacy.

Action type

Canonical category of an Aster Chain transaction.

Aster Chain transactions are typed (no opaque contract calls). Every tx is one of: PlaceOrder, PlaceStrategy, CancelOrder, CancelOrders, CountdownCancelAll, Deposit, Withdraw, AdjustLeverage, ChangePositionSide, UpdateOracle, ChangePrivacyMode, FeeBurn, Noop. See the transactions guide for what each does.

Whale

Address holding or moving above-threshold positions.

AsterScan tracks 'whales' as addresses with notional exposure above a configurable threshold. /whales shows live activity, /positions ranks by current exposure.

Block height

Sequential block number.

Aster Chain blocks are numbered from 0 (genesis) and increment by 1 per block. With ~50ms block time, height grows by ~1.7M blocks per day. A height of 90M doesn't mean 90M transactions — most blocks are small or empty.

Going deeper

Last reviewed April 2026. Missing a term? DM @AsterScan.