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Aave Ushers in Aavenomics, Agrees to Buy $1M of AAVE Tokens Every Week

  • Aave DAO approves Aavenomics and the purchase of $1M of AAVE every week from April 9.
  • The funds will come from the protocol’s profits and aim to increase their ecosystem reserve.
  • Aavenomics aligns the protocol with long-term incentives and makes the Aave ecosystem sustainable.
  • Aave also launched the Lens Chain, a decentralized social media platform built on Ethereum.

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