🚨
$AAVE : IT’S TIME FOR SOME REAL CHANGES!
I really hope AAVE makes some meaningful changes this time. 👀
Let’s talk about the buyback mechanism.
Currently, the tokens purchased using protocol revenue are not burned directly. Instead, they are moved into the DAO’s ecosystem reserve.
👉 What does this mean?...
Buybacks can help reduce selling pressure in the market, but the tokens still exist. If the DAO needs funds in the future, those tokens could potentially be released back into circulation.
⚠️ The real question is: Will AAVE finally introduce a permanent burn mechanism?...
At the end of September, Stani mentioned that a burn mechanism was being considered. However, there is still no formal proposal confirming how many tokens would be burned or when the mechanism might begin.
Personally, I hold
$AAVE E, and I want to see this happen as soon as possible. 🔥
A permanent burn mechanism could make the tokenomics more attractive, but now we need clear details and actual implementation, not just discussions....
What do you think, guys? Should AAVE burn the tokens bought back with protocol revenue? 👇
#AAVE #Crypto #DeFi #Tokenomics #BinanceSquare