AAVE Founder Stani: Aavenomics 3.0 will include buybacks, staking, and destruction
2026-10-23 08:36:04
According to CoinMeta, AAVE founder Stani stated during a live broadcast in the third quarter that Aavenomics 3.0 will include AAVE repurchases, staking, and burn. AAVE repurchases were suspended from April 19th, the day following the Rseth vulnerability incident. Since then, DAO has committed to providing 25,000 ETH to DEFI United to compensate for the losses, and arranged for Mantle to provide a credit line of up to 30,000 ETH. Before the suspension of repurchases, there was a proposal on the forum to reduce the annual repurchase budget from about 50 million US dollars to 30 million US dollars.
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