Golden Finance reported that a new proposal from Aave is considering adding a fee switch function to return part of the platform's net surplus income to its key users. This move may also lead to the re-staking of Aave protocol, providing a new source of income for Aave and its users.
Founder of Aave Chan Initiative (ACI) Zeller wrote: "Through ACI, we believe that DAO is now ready to explore further development of protocol maturity, and hope to submit a clear path for governance consideration, reallocating net protocol revenue to key participants in the Aave ecosystem, creating new positive dynamics and novel synergies in the industry."
Earlier reports suggest that AAVE hopes to initiate a fee conversion to buy back tokens from the open market.
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Aave's new proposal considers activating fees conversion and repurchasing Token from the open market
Golden Finance reported that a new proposal from Aave is considering adding a fee switch function to return part of the platform's net surplus income to its key users. This move may also lead to the re-staking of Aave protocol, providing a new source of income for Aave and its users. Founder of Aave Chan Initiative (ACI) Zeller wrote: "Through ACI, we believe that DAO is now ready to explore further development of protocol maturity, and hope to submit a clear path for governance consideration, reallocating net protocol revenue to key participants in the Aave ecosystem, creating new positive dynamics and novel synergies in the industry." Earlier reports suggest that AAVE hopes to initiate a fee conversion to buy back tokens from the open market.