Aave DAO proposal on the repurchase allocation of AAVE

MarsBitNews

2025-04-09 15:39:00

AAVE-3,28%

AFC1,68%

According to Mars Finance, Aave DAO has passed a proposal to initiate the AAVE buyback and distribution plan. The proposal approves the allocation of specific aEthUSDT from the Aave Collector contract to the Aave Finance Committee (AFC), enabling the committee to launch AAVE buybacks as part of Aavenomics implementation. This preliminary proposal allows AFC to begin executing the first phase of the buyback plan, approving 4 million USD of aEthUSDT for approximately one month of AAVE buybacks. The full plan aims to buy back 1 million USD weekly over six months.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments