<ul><li>Aave cryptocurrency has proposed a comprehensive 'Aavenomics' update.</li><li>The proposal includes the establishment of the Aave Finance Committee and deprecating the LEND token, reclaiming $65 million for the ecosystem reserve.</li><li>Following the announcement, AAVE token price surged 7.8%, reflecting increased investor confidence.</li><li>The proposal is currently open for community feedback before moving to a formal on-chain governance proposal.</li></ul>

Aave Cryptocurrency Establishes Finance Committee, Eyes Massive $65M Reclaim

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