#protocol-revenue

[rwatimes]

Aave Advances Automated AAVE Buyback Overhaul With Aavenomics 3.0

➤ Aave is introducing Aavenomics 3.0, an automated on-chain buyback mechanism funded by all protocol and GHO revenue, replacing the current discretionary program. ➤ This overhaul aims to route all revenue directly to AAVE holders, enhancing the token's economic value and aligning with the Aave Will Win (AWW) framework. ➤ The announcement coincides with Aave founder Stani Kulechov disputing reports of a potential equity stake acquisition by Kraken's parent company, Payward.

[rwatimes]

JUST Held Token Burn on April 16th

JUST completed phase 3 of its buyback-and-burn program on April 16th. The protocol burned 271,337,579 JST, removing 2.74% of total supply, with the burn funded by protocol revenue.Refer to the official tweet by JST:🔥 $JST Buyback & Burn — Phase 3 complete.Another cycle executed.🔥271,337,579 $JST…

➤ JUST protocol completed phase 3 of its buyback-and-burn program, removing 2.74% of JST supply. ➤ The burn was funded by protocol revenue, highlighting a system of revenue generation, buyback, and token destruction. ➤ JUST is a DeFi ecosystem on the TRON blockchain offering services like stablecoin lending and token swaps, with JST as its native governance token.