Aave DAO has executed consistent weekly buybacks totaling $10 million to acquire 50,000 AAVE tokens at an average price of $199.74 per token. These repurchased holdings are now valued at approximately $13 million based on AAVE’s current market price of $264.
The buyback initiative operates alongside the protocol’s fee switch mechanism, reinforcing Aave’s commitment to value accrual for token holders through strategic treasury management.
To further enhance token scarcity and maintain long-term price stability, Aave DAO will continue executing $1 million weekly buybacks over the next six months.