A Payward-affiliated fund and its clients bought Aave ($AAVE ).
Before putting a dollar figure on that headline, read the November 5 announcement: the amount was undisclosed, and the purchases happened on the secondary market.
That means existing holders sold tokens to the buyers. AAVE also carries governance rights, so the purchase can matter for future votes. The headline alone doesn’t tell us how much voting influence changed hands. I’d watch the public governance votes for that.
I may earn Binance Square rewards from engagement or qualifying trades linked to this post.
#Aave #DeFi #Governance
Before putting a dollar figure on that headline, read the November 5 announcement: the amount was undisclosed, and the purchases happened on the secondary market.
That means existing holders sold tokens to the buyers. AAVE also carries governance rights, so the purchase can matter for future votes. The headline alone doesn’t tell us how much voting influence changed hands. I’d watch the public governance votes for that.
I may earn Binance Square rewards from engagement or qualifying trades linked to this post.
#Aave #DeFi #Governance