Aave Labs has pledged to share off-protocol revenue with token holders, and AAVE has rebounded above 160 USDT.

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According to Odaily Odaily, market data shows that AAVE has rebounded and broken through 160 USDT, currently trading at 164.63 USDT, with a 24-hour increase of 11.38%.

Previously, Aave founder Stani Kulechov posted on the official governance forum that, in light of recent community discussions, Aave Labs is committed to sharing revenue generated outside the protocol with token holders. This synergy is crucial for both Aave Labs and AAVE holders, and the official team will soon submit a formal proposal clarifying the specific operational mechanism.

Aave Labs will design a structure in its upcoming proposal to support this long-term vision while providing full protection for DAO and Aave token holders.

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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.
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