Aevo updates token economics: ending the trading reward activity, and at least 1 million AEVO tokens will be repurchased every month from July to December.

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According to Foresight News , Aevo has updated its token economics. The 4-month trading reward activity has ended and will not be continued. However, the staking rewards will remain unchanged at 100,000 AEVO per week. In addition, for the rest of the year, Aevo will use the protocol revenue to repurchase AEVO tokens to empower token holders. Given the current protocol revenue rate, Aevo will commit to repurchasing at least 1 million AEVO per month from July to December.

The buyback will be performed on-chain every week. The bought-back AEVO tokens are sent back to the main DAO treasury. Future token economic adjustments (such as burns or reward schedules) will need to be voted on again by token holders.

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