Aave DAO has proposed a perpetual buyback program, committing $50 million annually.

11-04 , 19:02 ...

The Defiant reported that Aave DAO has approved a permanent token buyback plan, allocating $50 million annually from protocol revenue to repurchase AAVE tokens. The proposal was put forward by Aave Chan Initiative (ACI) on October 22 and received 100% approval. Under the new plan, the Aave Finance Committee (AFC) and Token Logic can buy back AAVE worth $250,000 to $1.75 million weekly, depending on market conditions and protocol revenue. Currently, Aave's total value locked (TVL) is $36.4 billion, with revenue of $12.7 million in the past 30 days. This makes Aave one of the few DeFi projects to adopt a permanent income buyback plan. According to the Keyrock report, since 2024, token buybacks and revenue distribution have grown over five times, with projects on average returning 64% of income to holders, indicating that crypto projects are moving towards prioritizing shareholder returns similar to traditional enterprises.

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