Aave DAO offers $50 million annual buyout

Aave’s Decentralized Autonomous Organization (DAO) has presented a proposal to create a long-term protocol-funded buyback program that would use up to $50 million in annual revenue to buy back Aave tokens. The proposal, submitted Wednesday by the Aave Chan Initiative (ACI), aims to make buybacks a permanent component of Aave’s tokenomics. Under the plan, the … Continue reading Aave DAO offers $50 million annual buyout