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Aave DAO has repurchased over 50,000 AAVE to date, with an average price of $199.74, unrealized gains of $3 million.
Odaily News Since the implementation of the protocol fee buyback mechanism, Aave DAO has continued to execute a buyback plan of 1 million dollars per week. The latest data shows that the protocol has cumulatively spent 10 million dollars to repurchase 50,000 AAVE, with an average cost price of 199.74 dollars. Based on the current market price of 264 dollars, this portion of the treasury reserves has generated approximately 3 million dollars in unrealized gains.