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aave’s $50 MILLION BUYBACK?! 🤑 Will this SEND $AAVE to the MOON or is it just a
wILL aAVE’s $50 MILLION BUYBACK SEND PRICES TO THE 🌙?! sO MUCH HYPE 🚀
problem: Uncertainty surrounds the potential impact of Aavenomics on AAVE token price.
insight: The proposed $50 million annual token buy
Aave plans a $50 million annual token buyback to explore “Aavenomics” impact on the token’s value. The Aave DAO considers integrating permanent buybacks into its system via a new proposal. The plan suggests weekly buybacks managed by TokenLogic and the Aave Finance Committee, depending on market conditions. Initial positive community feedback supports increasing the buyout target. Aave’s $169 million yearly revenue could sustain the $50 million buyback, enhancing token stability. Market reactions vary, with attention drawn to the governance update ahead of Aave v4 deployment.
Major Update from Aavenomics: Will the Buyback Proposal Increase the Price of AAVE?
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