Governance[Hexcast]
Aave DAO Slashes Buyback Budget in Surprise Funding Shift
$42M Buyback Program Sees Shift: Aave DAO adjusts annual buyback budget to ~$30M and adds ETH-correlated assets ($39.9M) for AAVE acquisitions. Funds will be allocated from stablecoins, reducing DEX costs by $5M this year. Protocol-Owned Liquidity (POL) will replace rented liquidity at near zero marginal cost, improving GHO economics and reducing stkABPT emissions to 0 AAVE/day.
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