Altcoins

This Altcoin Announced Plans to Purchase Tokens from the Market! What Will Be Returned to Users

Aave, a leading decentralized lending platform, is considering enabling a fee switch that would return a portion of the platform’s net excess revenue to its primary users.

This move is part of a proposal that could potentially lead to a reorganization of the Aave protocol, thus creating new revenue streams for both Aave and its users.

The proposal was put forward by Marc Zeller, founder of Aave Chan Initiative (ACI), one of the largest independent organizations providing services for the Aave DAO. Zeller published a review of the proposal today, inviting the Aave community to provide their opinions on the matter. The next step will be instant voting.

Zeller wrote in the published evaluation text: “We think that DAO, together with ACI, is now ready to explore a further step in the maturity of the protocol, creating new positive dynamics and new synergies in the industry, creating a clear path for the redistribution of the protocol net revenue surplus to the key actors of the Aave ecosystem.” We would like to submit it for your consideration.”

Zeller also noted on social media platform

*This is not investment advice.

Source

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