CM
CM|Mar 04, 2025 13:29
Aave's latest proposal has a lot of content, and the most important thing is that they have finally started repurchasing AAVE. To summarize briefly: 1. They have shown that they are very profitable and have sufficient cash flow, including GHO's Merit incentive plan which has achieved self-sufficiency and no longer requires subsidies from the Aave DAO ecological reserve. Regarding the repurchase intensity, we repurchased $1 million per week for the first 6 months, totaling $24 million, and will adjust it based on the situation later. 3. It mentioned an Anti GHO mechanism, which means that if you pledge AAVE, you will receive the Anti GHO token, which can offset your GHO debt, giving you a discount on your borrowing and reducing borrowing costs. There are quite a few changes overall, and one of the few DeFi cows. I will have time to do a comprehensive review later.
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