AOS-2 enters into force. The Aster Open Standards began with AOS-1, which opened spot listings to projects meeting a published set of criteria. AOS-2 now extends the same principle to perpetual markets, where listing has traditionally depended on private negotiation. Under AOS-2, an eligible applicant stakes 1,000,000 $ASTER, locked for four years with no early exit, and the application proceeds to an on-chain validator vote. If the vote passes, Aster's risk team completes the market's configuration and the perpetual is scheduled to go live T+1. If it does not, the stake is returned in full. Opening access does not lower the standard. The staking terms and voting process are governed by the same published rules for every applicant, while each market’s leverage and other risk parameters are set through Aster’s risk controls. The rules are set down in public. The decision is recorded on-chain. AOS-3 will follow.
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