Svmuu News: In response to recent community discussions, the CEO of Aave posted a clarification stating 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 revenue from the Aave protocol and the GHO stablecoin belongs to AAVE token holders, and this principle also applies to revenue from all products, including the Aave App, Aave Pro, and Swaps. As a service provider to the Aave DAO, Aave Labs is solely responsible for protocol development and expansion and does not receive any revenue from the protocol or its products.
The Aave CEO revealed that Aave’s current annualized revenue has reached $134 million, all of which is allocated 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, which plans to introduce a brand-new automated, non-discretionary buyback mechanism; more details will be announced at a later date. The CEO stated that Aave’s goal is not only to serve the crypto market but also the entire financial asset market, including real-world assets (RWAs).
Aave CEO: We Will Never Sell AAVE Tokens at a 70% Discount; We Are Currently Designing the Aavenomics 3.0 Buyback Mechanism
Source:Odaily · Source Link
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