Aave's repurchase proposal has been approved and will begin repurchasing $1 million AAVE per week starting tomorrow

星球日报|Apr 09, 2025 02:45
Odaily Planet Daily News: According to the official governance page of Aave, the first phase of AAVE repurchase proposal has been approved with a support rate of 99.63%. The budget for the first phase repurchase is $4 million, and it is expected to be executable for one month. The repurchase will begin on April 10th.
The proposal mentions that Aave's complete plan is to repurchase $1 million per week over the next six months, and the initial proposal is only the first step of the repurchase plan. Next, Aave will complete and deploy the updated Aave Swapper contract, which will be used for future repurchases.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink