Aave CEO: Will never sell AAVE tokens at a 70% discount; designing Aavenomics 3.0 buyback mechanism
Odaily Odaily星球日报讯 Aave CEO responded to recent community discussions, clarifying that Aave will never sell AAVE tokens at a 70% discount.
He stated that according to the "Aave Will Win (AWW)" proposal, 100% of the revenues generated by the Aave protocol and the GHO stablecoin belong to AAVE token holders. This principle also applies to income from all products, including Aave App, Aave Pro, and Swaps. As a service provider for the Aave DAO, Aave Labs is solely responsible for protocol development and expansion and does not share in protocol or product revenues.
The Aave CEO revealed that Aave's current annualized revenue has reached $134 million, all of which belongs to the Aave DAO. Additionally, the Aave brand and related software intellectual property are owned by AAVE.
Furthermore, the team is designing Aavenomics 3.0, planning to introduce a new, automated, non-discretionary buyback mechanism. More details will be announced later. He stated that Aave's goal is not only to serve the crypto market but also the entire financial asset market, including Real World Assets (RWA).
