🚀 Aave DAO Flexes Financial Strength — $AAVE Buyback Success & Next Big Move Incoming!

Since launching its repurchase plan on April 9, Aave DAO has accumulated 100,000 AAVE at an average price of $239.35, spending roughly $24M. The holdings are now valued around $25.1M, reflecting a 4.36% total return 📈.

What’s next? 💡

The DAO, with annual income nearly double its expenditures, plans to use repurchased AAVE and treasury assets as collateral to open a $GHO credit line. The borrowed funds will fuel ecosystem growth and be repaid through protocol returns.

👉 The proposal is currently awaiting entry into the voting phase — a potential game-changer for Aave’s DeFi momentum!

DYOR No Financial advice!

#AAVE #AaveDAO #Binance #CryptoNews #CryptoMarketAnalysis  

$AAVE

AAVE

122.9

-2.22%