Aave DAO Locks in Bold $50M Token Buyback From DeFi Revenues

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Aave DAO introduced a plan to run an annual $50 million token buyback funded by DeFi revenues. The program targets AAVE repurchases on a steady, ongoing basis. It sets buybacks as a standing part of governance. The proposal arrived Wednesday from the Aave Chan Initiative (ACI). It places token buyback policy inside Aave’s tokenomics rather […]

The post Aave DAO Locks in Bold $50M Token Buyback From DeFi Revenues appeared first on CoinChapter.

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