Big news for Aave, a place where people can borrow and lend cryptocurrency! A group wants to make Aave even better. They have a plan to improve how it works and use its money wisely.
- They want to create a special committee to manage Aave's money ($115 million!).
- They'll buy back some AAVE tokens (Aave's cryptocurrency) to help its price.
- They plan to save money on costs by improving how borrowing and lending works.
- They'll also create a new system to reward people who help Aave.
Item | Details |
---|---|
Aave's money | $115 million |
Weekly AAVE buyback | $1 million |
Annual savings goal | $27 million |
Frozen LEND tokens | 320,000 |