Aave DAO Launches $1 Million Token Buyback Program: Strengthening the Protocol’s Financial Structure

The Aave Decentralized Autonomous Organization (DAO) has launched a six-month pilot program to buy back AAVE tokens worth $1 million weekly. The initiative is designed to strengthen the protocol’s financial structure and boost long-term stakeholder incentives. This decision received strong support, with 439,000 votes in favor exceeding the required 320,000 votes.