Since the launch of the AAVE Token buyback, 50,000 Tokens have been repurchased at an average purchase price of $199.74.

GateUser-6433627c · 2025-06-20T01:17:31+00:00

Since the launch of the Aave DAO's AAVE Token buyback, 50,000 tokens have been repurchased at a total cost of 10 million USD, with an average price of 199.74 USD. It is expected to continue repurchasing 1 million USD weekly over the next 6 months. The current reserve is valued at approximately 13 million USD.

GateUser-6433627c

2025-06-20 01:17:31

Abstract generation in progress

[AAVE Token repurchase has bought back 50,000 tokens since the launch, with an average purchase price of $199.74] On June 20, news from GLC Research revealed that since the Aave DAO launched the AAVE token repurchase and fee conversion two months ago, the protocol has consistently executed its plan to repurchase $1 million weekly. As of today, the Aave DAO has repurchased 50,000 AAVE, with a total cost of $10 million and an average purchase price of $199.74. Based on the current market price of $264, this fund reserve is now worth approximately $13 million. It is expected that the Aave DAO will continue its weekly buyback plan of 1 million USD for the first 6 months.

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