Aave founder floats AAVE token burn in Aavenomics 3.0
- —Aave is weighing an AAVE burn under Aavenomics 3.0
- —The upgrade already includes protocol revenue-funded AAVE buybacks
- —No details on burn parameters or timeline were disclosed
Why it matters: A burn would cut AAVE supply and could support the token's price if the mechanism is approved.
Source: PANews