Aave founder unveils Aavenomics 3.0 with AAVE buybacks, staking and burns
- —Aavenomics 3.0 to add buybacks, staking and AAVE burns
- —AAVE buybacks paused since April 20 after rsETH incident
- —DAO pledged 25,000 ETH to DeFi United to cover losses
- —Mantle to extend a credit line of up to 30,000 ETH
Why it matters: Restarting buybacks and burns could support the AAVE price, but the protocol first needs to resolve the fallout from the rsETH incident.
Source: ChainCatcher 链捕手