Aster announced the launch of the second phase of Aster Open Standards (AOS-2), which extends the open listing rules from spot markets to perpetual futures.
Here’s how it works: The applicant stakes 1 million $ASTER for 4 years with no early withdrawal option. Next, the application is put to on-chain voting by validators. If the vote passes, Aster’s risk team configures the market parameters, and the perpetual is launched the following day (T+1). If the application is rejected, the staked tokens are fully returned.
The staking and voting rules are identical for all applicants, while the risk team at Aster sets the risk parameters and leverage for each market. All decisions are recorded on the blockchain.
The company previously launched AOS-1 for the open listing of spot pairs. AOS-3 is planned next.