🚀 Big news from Aave! The Aave DAO has greenlit a $4M buyback of AAVE tokens, marking the first phase of a broader tokenomics revamp. With a whopping 99.63% approval, the Aave Finance Committee will start purchasing AAVE on the open market, boosting the Ecosystem Reserve. This cautious approach could expand to $1M weekly buys over six months, depending on success.

This move is part of the ambitious Aavenomics upgrade, featuring risk management and new incentives. What are your thoughts on Aave's strategy? Share in the comments! 💬