The Aave Finance Committee increased the buybacks rate at the maximum authorised
𝕏/@lemiscate •
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Promote with Leviathan News"Aave uses excess revenue to purchase AAVE tokens every week. This process is managed by the Aave Finance Committee. The tokens are added to the protocol’s ecosystem reserve, which can later be used for development, rewards, or even future burns."
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More coverage
- Aave token jumps 20% after buyback proposal advances - DL News (dlnews.com)
- Aave DAO Funding Insights - Finance (governance.aave.com)
- Aave DAO greenlights $1 million weekly token buyback amid market ... (cryptoslate.com)
- [ARFC] Pause AAVE Buybacks - Finance - Aave - Governance Forum (governance.aave.com)
- Token Trends & Blockchain Buybacks: How DeFi is Adapting ... (wisdomtreeprime.com)
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