Since the launch of AAVE token repurchase, 50,000 tokens have been repurchased, with an average purchase price of US$199.74
On June 20, according to data disclosed by GLC Research, it has been two months since Aave DAO launched AAVE token repurchase and fee conversion, and the agreement has always adhered to its plan to repurchase US$1 million per week. As of today, Aave DAO has repurchased 50,000 AAVE units at a total cost of US$10 million and an average purchase price of US$199.74. At the current market price of $264, this reserve is now worth approximately $13 million. Aave DAO is expected to continue its $1 million weekly repurchase program for the first six months.
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