Aavenomics 3.0 Adds Staking to Aave (AAVE) Buyback and Burn Plan

Aavenomics 3.0 is expected to pair Aave (AAVE) buybacks with staking and token burns, expanding the tokenomics plan beyond a recurring repurchase program. Aave’s decentralized autonomous organization (DAO) has a $50 million annual buyback budget, with weekly purchases ranging from $250,000 to $1.75 million. Earlier descriptions centered Aavenomics 3.0 on an automated, non-discretionary buyback plan. A burn would permanently remove tokens from circulation. Aave founder Stani Kulechov raised the possibility of adding one on Sept. 28, but that discussion set no burn amount, formal governance proposal, vote or launch date.

Source: TokenPost