According to Foresight News, Ekubo founder Moody proposed a plan to replace the current AAVE token buyback process with an automated Time-Weighted Average Market Maker (TWAMM) solution from the Ekubo protocol. The proposal aims to improve buyback efficiency through automation, reduce price impact, and allow the DAO to convert treasury assets (such as USDC from collection contracts) into AAVE at the lowest management cost. The initial pilot plan involves using approximately $100,000 to $500,000 in protocol revenue for a time-weighted buyback of AAVE.
Ekubo founder Moody proposed to use ekubo to perform aave repurchase
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content