Price analysis and latest news of the crypto project Aave: the star of DeFi
The post Price analysis and latest news of the crypto project Aave: the star of DeFi appeared on BitcoinEthereumNews.com.
In this article, we look at the latest relevant news about the Aave project, a decentralized lending crypto protocol with 37 billion in TVL. Among the hottest topics, we find the introduction of a new fee change policy and the presentation of a particularly risky governance proposal. Finally, let’s take a look at the graphical structure of the AAVE token and see what the possible price scenarios are for 2025. All the details below. The founder of Aave considers the “fee switch” to improve the management of their crypto A few days ago, Stani Kulechov, founder of the well-known crypto project Aave, expressed his intention to activate a “fee switch” initiative for the protocol. We are talking about a mechanism that aims to improve the revenue efficiency of the platform by investing part of the collected fees. Generally, these proposals end up rewarding the holders of the platform’s native token, in this case AAVE, given the way the capital is distributed. It is estimated that, if the fee switch is truly integrated, part of the revenue will be offered as a “dividend” to the holders/stakers of the crypto or will be used for buyback in the market. The Aave protocol is in a solid financial position, and it can afford to allocate a portion of the new revenue to more aggressive investment strategies. Its treasury holds almost 100 million dollars in non-native assets, including stablecoin, Ethereum and other cryptocurrencies.Considering also the AAVE crypto itself, the treasury well exceeds 328 million dollars, according to what is reported by TokenLogic. Regarding the proposal to change the fees, Marc Zeller, founder of Aave Chan, who was one of the first contributors to the plan, intervened. The expert highlighted how Aave’s net revenues significantly exceed operating expenses, making the move not only feasible but…
Filed under: News - @ January 6, 2025 11:24 am