AAVE soars 13% as buyback proposal passes among tokenholders

Aave's tokenholders approved a governance proposal to start buying back the decentralized finance (DeFi) protocol's governance token, AAVE AAVE - $268.600 as part of a broader tokenomics overhaul, Aave said on April 9. The proposal — which was approved by more than 99% of AAVE AAVE - $268.600 tokenholders — permits the protocol to purchase $4 million in AAVE AAVE - $268.600 AAVE AAVE - $268.600 tokens, enough for one month of buybacks.

Source: cointelegraph.com

Related symbols: AAVEUSD

2025-04-09 21:37:02 GMT.

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Price & Market Data

Price: $268.600

Volume 24h: $620,915,787.39

Market Cap: $4,066,249,577.03

Description

Aave (AAVE) is a cryptocurrency and operates on the Ethereum platform. Aave has a current supply of 16,000,000 with 15,138,707.01568596 in circulation. The last known price of Aave is 266.33854558 USD and is up 2.32 over the last 24 hours. It is currently trading on 1083 active market(s) with $625,533,589.02 traded over the last 24 hours. More information can be found at https://aave.com/.