Aave CEO: Absolutely no AAVE token sale at a 70% discount, designing Aavenomics 3.0 buyback mechanism

Odaily Planet Daily News: Aave CEO issued a statement clarifying recent community discussions, stating that Aave absolutely will not sell AAVE tokens at a 70% discount.

He stated that according to the "Aave Will Win (AWW)" proposal, 100% of the revenue from the Aave protocol and the GHO stablecoin belongs to AAVE token holders, and this principle also applies to all product revenue from Aave App, Aave Pro, and Swaps. As a service provider for Aave DAO, Aave Labs is solely responsible for protocol development and expansion and does not share in protocol or product revenue.

The Aave CEO revealed that Aave's current annualized revenue has reached $134 million, all of which belongs to Aave DAO. Additionally, the Aave brand and related software intellectual property rights all belong to AAVE.

Furthermore, the team is designing Aavenomics 3.0, planning to introduce a new, automated, non-discretionary buyback mechanism, with more details to 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).