Aave proposal considers activating fee conversion and repurchasing tokens from the open market.
According to Mars Finance news, a new proposal from the decentralized lending platform Aave suggests adopting a fee conversion mechanism to return a portion of the platform's net excess revenue to its key users. Marc Zeller, the founder of the Aave Chan Initiative (ACI), one of the top independent organizations serving the Aave DAO, published a "temp check" on this initiative on Thursday. The next step is to allow the Aave community to provide feedback on this matter, which may then lead to a snapshot vote. Zeller also stated on the social media platform X that this proposal could drive Aave protocol re-staking, providing new revenue sources for Aave and its users.
