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TechFlow reports that on June 26, Aevo officially announced it will repurchase at least one million AEVO tokens each month from July through December, due to declining trading volumes and weakening altcoin markets caused by recent market conditions. According to AEVO tokenomics—determined by a DAO vote in AGP-1—a portion of surplus revenue from the Aevo DEX will be used for these buybacks.
On June 26, Aevo officially announced that due to recent market changes leading to declining trading volume and weakening altcoin markets, the company has decided to repurchase at least one million AEVO tokens each month from July through December. According to AEVO tokenomics—determined by a DAO vote in AGP-1—surplus revenue from the Aevo DEX will be used for these buybacks.
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