$AAVE Price: $156.49 | 24h: -1.690% | S: $150.75 | R: $162.85
Bitcoin collateral has a $500K buyback hurdle. Babylon's Oct. 14 Aave V4 proposal sends the first $500,000 of annual qualifying revenue entirely to Aave DAO; token purchases start in higher marginal bands.
At a hypothetical $1M in qualifying revenue, the purchase allocation is $20K: $17K AAVE and $3K BABY. These are specified protocol fees, not all borrower interest. Tokens go to the two treasuries; no burn or holder cash payout is promised.
The design uses WBTC liquidity for permissionless liquidation while native-BTC redemption takes days. An Oct. 16 reply clarifies immediate emergency pause powers, which can block repayments and liquidations. Final approval, controls and risk parameters remain to be verified.
AAVE governs the protocol. Its published 16M supply framework does not prevent reserve-funded rewards or treasury spending from increasing tradable float. Current float and the next distribution are unverified. Morpho's isolated markets compete on borrowing cost and liquidity; native BTC must justify its extra settlement complexity.
As of: 2026-10-17 04:47 UTC | Binance spot AAVEUSDT
S/R basis: Previous completed UTC daily candle (2026-10-16), H 165.98 / L 153.88 / C 155.24. Classic P=(H+L+C)/3; S1=2P-H; R1=2P-L; rounded to $0.01. Levels are reference calculations, not guarantees.
Full analysis: https://app.binance.com/uni-qr/cart/378147849642636?r=ODRQIW1H&l=en
My take: Watch completed AAVE purchases after risk costs and treasury outflows. More Bitcoin collateral alone does not establish tokenholder income.
NFA. DYOR.
Bitcoin collateral has a $500K buyback hurdle. Babylon's Oct. 14 Aave V4 proposal sends the first $500,000 of annual qualifying revenue entirely to Aave DAO; token purchases start in higher marginal bands.
At a hypothetical $1M in qualifying revenue, the purchase allocation is $20K: $17K AAVE and $3K BABY. These are specified protocol fees, not all borrower interest. Tokens go to the two treasuries; no burn or holder cash payout is promised.
The design uses WBTC liquidity for permissionless liquidation while native-BTC redemption takes days. An Oct. 16 reply clarifies immediate emergency pause powers, which can block repayments and liquidations. Final approval, controls and risk parameters remain to be verified.
AAVE governs the protocol. Its published 16M supply framework does not prevent reserve-funded rewards or treasury spending from increasing tradable float. Current float and the next distribution are unverified. Morpho's isolated markets compete on borrowing cost and liquidity; native BTC must justify its extra settlement complexity.
As of: 2026-10-17 04:47 UTC | Binance spot AAVEUSDT
S/R basis: Previous completed UTC daily candle (2026-10-16), H 165.98 / L 153.88 / C 155.24. Classic P=(H+L+C)/3; S1=2P-H; R1=2P-L; rounded to $0.01. Levels are reference calculations, not guarantees.
Full analysis: https://app.binance.com/uni-qr/cart/378147849642636?r=ODRQIW1H&l=en
My take: Watch completed AAVE purchases after risk costs and treasury outflows. More Bitcoin collateral alone does not establish tokenholder income.
NFA. DYOR.