Aave DAO’s $10M Buyback Boosts AAVE Token Value Amid Ongoing Weekly $1M Repurchases

According to recent data from GLC Research, the Aave DAO has maintained a disciplined approach to its AAVE token buyback program over the past two months. The protocol has executed consistent weekly purchases valued at $1 million, resulting in the acquisition of 50,000 AAVE tokens at an average cost of $199.74 each. This strategic buyback has totaled $10 million in expenditures. Given the current market valuation of approximately $264 per token, the repurchased assets now represent a portfolio worth close to $13 million. The fee switch mechanism implemented alongside the buyback has reinforced the protocol’s commitment to value accrual for token holders. Moving forward, the Aave DAO plans to sustain this $1 million weekly buyback cadence for the next six months, signaling a robust capital management strategy designed to enhance token scarcity and support long-term price stability.

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