Aave Community Proposes $50 Million AAVE Token Buyback Annually
BlockBeats News, October 22nd: The Aave community has initiated a proposal suggesting the institutionalization of AAVE's long-term buyback plan, supported by protocol revenue. This plan will establish an annual budget of $50 million, utilizing flexible execution parameters to allow the Aave DAO to strategically deploy funds for ongoing buybacks and accumulation of AAVE tokens, thus extending the existing buyback initiative indefinitely.
Plan Structure: Annual Budget: $50,000,000; Responsible Parties: Tokenlogic and the Aave Finance Committee (AFC); Weekly Execution Range: Weekly purchases ranging from $250,000 to $1,750,000 worth of AAVE.
The AFC will have the authority to adjust the weekly buyback amount within a 75% fluctuation range, based on factors including market conditions and liquidity, token price volatility, strategic timing considerations, and the availability of protocol revenue.
Te puede gustar
Ganadores
Últimas noticias cripto
AI News Today: Cuando la IA conoce Blockchain, oportunidades que no puedes perderte
Ethereum Sumerge por debajo de los $2900
El precio a corto plazo de SOL cae por debajo de los 130 dólares
¿Otra vez surge el rumor de la resignación de Powell? Pronunciará discurso el martes por la mañana
Cierta ballena tuvo una longitud 10 veces mayor en HYPE, con un valor de posición superior a 19 millones de dólares, y un precio de liquidación de 25,724 dólares
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y CM:[email protected]
Servicios VIP:[email protected]