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Aave founder Stani Kulechov proposes token burn for Aavenomics 3.0

Crypto Briefing ·

Aave founder Stani Kulechov has proposed transitioning from the current buyback model to a permanent token burn mechanism for the AAVE token. Under the current framework, the protocol uses revenue to purchase tokens and hold them in the DAO treasury. A shift to burning would permanently remove these tokens from circulation, reducing the total supply. This proposal follows the evolution of Aavenomics, which previously introduced automated buybacks using 100% of protocol and GHO stablecoin revenue.

  • $AAVE
  • #에이브
  • #토큰소각
  • #에이브노믹스
  • #스타니쿨레초프

Summaries are written by AI from the original article. Not investment advice.

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