The Aave community proposed to buy back $50 million worth of AAVE tokens annually.

On October 22, the Aave community proposed to institutionalize the long-term repurchase plan for AAVE, funded by protocol revenue. The plan will establish an annual budget of 50 million USD, using flexible execution parameters to allow Aave DAO to strategically deploy funds to continue repurchasing and accumulating AAVE tokens, thereby indefinitely extending the existing repurchase project. Plan structure: Annual budget: 50,000,000 USD; Responsible parties: Tokenlogic and Aave Financial Committee (AFC); Weekly execution range: Purchasing AAVE worth 250,000 to 1,750,000 USD each week. AFC will have the authority to adjust the weekly repurchase amount within a 75% fluctuation range, based on factors including: market conditions and liquidity, token price volatility, strategic timing considerations, and the availability of protocol revenue.

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