Aavenomics, the proposal to change Aave protocoltokenomics and introduce token buying, has reached a quorum for the Aave Dao. Aave Chain Initiative (ACI) Founder Marc Zeller announced this on X, and noted that it marks a new era for the protocol.
According to Zeller, the $ 1 million a week of a back purchase of a token on Wednesday after most Aave Dao members had overwhelmed the proposal. More than 427,000 votes were cast to support the proposal, more than the required 320,000 votes, while only 2,000 votes were against
Aavenomics Feedback proposal passes. Source: Marc Zeller on X
He said:
“The $ Aave Aavenomics AIP now has Quorum. Welcome to the new era for @Aave. 1m $/week returned by protocol winsts from Wednesday.”
A return of a DAO is experimental in the beginning
The news is greeted with excitement in the Aave community, where a user noticed that the timing could not have been better, since the prices of crypto assets have fallen. This would mean that the amount of a tokens to be purchased would be $ 1 million higher.
For more than six months, Aave will spend part of his profit to buy $ 1 million in Aave tokens every week. Based on the current price and purchase of Aave, the Aave Dao would have bought 2.5% of the offer at the end of the year.
In the meantime, Zeller noted that the six months are only the pilot phase of the return program, because the intention is to have the return last forever. The Aave Dao voted only six months for $ 1 million to keep the rate low in the first instance, and the program will probably be extended after six months.
He said:
“Back purchase is forever, the rate is exactly the one where the DAO voted for the next 6 months to start slowly and conservative rate.”
Aave remains locked the leading Defi protocol with around $ 20 billion in total value (TVL) and dominates over several chains.
Aave dives in the middle of the general market take -away
Despite the positive news of a token purchase for Aave, Token has fallen by 18%over the past 24 hours, according to Coinmarketcap. This was enough to let it crash to $ 115, although it has now been found to $ 121.
This is contrary to what usually happens when this news when this breaks. In general, back purchase is a positive indicator, because this means that there will be a constant purchasing pressure for token and the circulating food will also reduce.
However, general market struggle, especially because of the international trade wars between the US and other countries, have confused the entire cryptomarket in the last 24 hours, with Bitcoin crashing up to $ 74,000; Aave has not been spared.
The dive in an AAVe value goes further what has been a difficult year for token, where it lost 62.22% of its value. Aave started 2025 around $ 308, but market uncertainties and the general struggles of the cryptomarkt have led the sign to have dropped more than half of this value. In the last 30 days alone, it has fallen by 34%.
Nevertheless, the Aave community Bullish remains. Zeller noted that the liquidation as a result of the current market accident resulted in around $ 0.5 million in profit for the Aave. The Aave Dao also has $ 100 million cash, with 70% of them in Stablecoins.
