A leading Aave contributor has submitted a plan to upgrade the tokenomics of the protocol after a successful temperature check last August.
AAVE (AAVE) Chan Pahal founder Mark Zeller has formally stated Requested For community support on the proposal to reorganize the revenue allocation of the project, succumb to the land smart contract and implement improvement liquidity management systems for users.
Aci Aave of Zeler is a prominent representative in Aave Dao, decentralized autonomous organization worked to improve the largest on-chain lender.
AVE request of ACI for comment will implement the so -called “aavenomics” phase one of the scheme. As part of the strategy, the project will form an AAVE Finance Committee to manage its $ 115 million treasury and enable the fee switch to reward important players.
The AFC mandate will include a six -month AAV token buyback with a $ 1 million weekly budget. The DAO will assure the program after its completion, and according to the Zoler’s proposal, will decide to tighten either Apaskel or strategy.
The ACI also proposed to freeze the land migration contract to recover 320,000 AAV coins. Before the upgrade of Land 2020, the initial regime of DEFI lender was the token before AAVE upgrade. Currently, a token worth about 65 million dollars is seated in the Land’s smart contract.
As the top on-chain protocol for lending and lending to Crypto, AAVE spends a small fate in the liquidity costs of financing. ACI intends to trim the annual bill of $ 27 million by merging stating and liquidity management under a new “umbrella” security system.
The proposal also suggested that anti-GHO, for rewarding AAV stakes to create a revenue distribution module for a revenue distribution module. Jailer called The plan so far is ACI “most important proposal”. The ARFC was released six months after checking the approved temperature in August.
