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TechFlow news, April 9: According to an AAVE governance proposal, the community has passed an authorization proposal approving the AAVE Finance Committee (AFC) to use 4 million aEthUSDT for AAVE token buybacks. The program targets up to $1 million in weekly buybacks. The AFC will purchase AAVE tokens through secondary markets or market makers. This is part of the AAVE tokenomics upgrade.
According to an AAVE governance proposal, the community has passed an authorization proposal approving the AAVE Finance Committee (AFC) to use 4 million aEthUSDT for AAVE token buybacks. The program targets up to $1 million in weekly buybacks. The AFC will purchase AAVE tokens through secondary markets or market makers. This is part of the AAVE tokenomics upgrade.
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