TLDR Crypto · MISCELLANEOUS
AAVE CUTS EMISSIONS AGAIN, TREASURY TURNS TOKEN-POSITIVE
Summary from the TLDR Crypto newsletter
Aave DAO voted to reduce AAVE token emissions by another 25% while keeping buybacks steady, making the protocol even more net token-accretive. Since initiating the buyback program, the treasury's cash reserves have grown 20%, and the DAO now holds 66,512 AAVE with a 37.49% unrealized gain. This strengthens long-term sustainability and could pave the way for Anti-GHO proposals outlined in Aavenomics.