Over six months, Aave will spend part of its profits to buy $1 million worth of AAVE tokens weekly. Based on AAVE’s current price and buyback, the Aave DAO would have bought back 2.5% of the ...

Aave’s tokenholders approved a governance proposal to start buying back the decentralized finance (DeFi) protocol’s governance token, AAVE, as part of a broader tokenomics overhaul, Aave said ...