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Aster CEO: YZi Labs is the only private sale investor, holding only a small portion of the Token and has no reason to sell.
On September 29, Aster CEO Leonard stated in an interview with Mable (@Mable_Jiang), founder of the social protocol Trends, that "YZi Labs is indeed the only private sale investor of Aster, holding a low percentage of shares but providing us with a lot of support. I cannot disclose the specific content of the investment agreement, but I can say that they have no intention of cashing out. They are not short on funds and are not in a hurry to sell. From the TGE until now, our performance in the BNB ecosystem has already proven the value of the project. Even without a mandatory lock-up position, YZi Labs has no motivation to dump. Moreover, the tokens they can obtain come only from a small portion of the 5% team allocation, because they invested in equity, not the tokens themselves."