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Coinscreed

Aave DAO Considers $50 Million Annual Buyback Plan to Boost Token Value

The Aave DAO has introduced a new proposal to establish a recurring annual token buyback plan worth up to $50 million. This initiative would be funded through revenues generated from the decentralized finance (DeFi) protocol's operations. According to the proposal, the DAO aims to conduct weekly repurchases of AAVE tokens, with amounts ranging between approximately [...]

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