AAVE gives approves AAVE COMBALLs as part of the wider overhaul of Aavenomics

AAVE gave the presentation of $ 4 million to return the return toker, launched the first phase of the broader initiative for the overhaul of protocol tokenomy.

AAVE (Take) He gave official approved Redemption plan of $ 4 million aex tokens. The proposal passed with 99.63% consensus.

The proposal authorizes the Finance Committee of AAVE, the Board of Directors was created to manage AAVE Treasury and Financial Operations, to start the purchase of AEVA tokens in the open market, which will then be distributed to the protocol ecosystem reserves.

This first phase of the purchase program is expected to last a month. If successful, it could be reduced to six-month initiative with up to $ 1 million in weekly purchases. Faculty access ensures that the treasury funds are deployed cautiously, while they still allow Take To start understanding your tokens from the secondary market to strengthen the value of ecosystems.

“While staying extremely conservative with AAVA treasury funds, ACI believes that this proposal can submit an AEFC to launch Aeave Comceback and Program of the First $ 1 million / week,” Marc Zeller, “Marc Zeller,” Marc Zeller, ” listed.

Zeller also said that the six-month time frame could extend if the program was doing well. He index To previous initiatives such as merit, which originally overlaw six months, but continued for more than a year, adding that it was likely to be similar to extension should probably be purchased for purchase initiatives.

“Cups are forever, the speed is just the one who has voted for the next 6 months. Just like merit, we started to celebrate the 16th month, and now we will celebrate the 16th month of the program.”

Purchase Initiative is just one piece of proposition purification introduced Zeller and ACI 4. March this year. Charge the Aavenomics upgrade, the plan also includes:

• The umbrella – a new risk mitigation and liquidity management system designed to prevent harmful banks and optimizes capital efficiency.
• Anti-Gho – Token Non Portable Awards for Improving Incentive for GHO Stablecoin Users and the right.
• Lending deprecation – a final step in migration from AAVE original control token, loaner, AAVE, which would perceive approximately 65 million dollars of unannounced tokens for future use.

The community will continue to vote on future parts of the plan as technical development and audit progress. In his post to X, Zeller called Scroll the “main turning point” and described the entire plan as the “most important proposal in the history of AAVE”.