Aave DAO hits 70K $AAVE buyback milestone

Since launching its revenue‑backed repurchase initiative on April 9, the DAO has acquired 70,000 AAVE tokens, spending $15.7M at an average price of $223.33.
At today’s price (~$261), that inventory is worth $18.3M, netting a $2.6M gain.

• Reducing supply through protocol-funded buybacks
• Early profitability signals confidence in tokenomics
• Sets stage for potential price support as program scales

This model aligns with Aave’s broader strategy to reward stakers, tighten supply, and restore long-term valuation resilience.