TLDR Crypto · GUIDES & TUTORIALS
THE BULL CASE FOR AAVE
Summary from the TLDR Crypto newsletter
Aave's introduction of protocol fee distributions to token stakers could mark the bottom of its negative price movement over the past few years. For this proposal to go through, it must pass a couple more votes and the protocol must hit “trigger milestones,” like the GHO stablecoin reaching a 175 million supply. The DAO is cutting expenses and its status as a blue-chip protocol is hard to replicate. It is one of the few protocols that has proven PMF along with high float and a low fully diluted valuation.