@SigSoured@TheInsiderPaper Which of the internet service providers offer free internet in these type of situations?
I’ve only known him doing that over and over.
What else do you think should he do, ask for money later?!!
Lots of discussions around Aave so I want to clarify a few things:
• First off, there is NO WAY we’d sell AAVE at a 70% discount lol.
• 100% of Aave Protocol and GHO revenue goes to the $AAVE token. This was established in the Aave Will Win proposal.
• AWW also applies to all product revenue, including the Aave App, Aave Pro, and Swaps.
• No protocol or product revenue goes to Aave Labs, which is a service provider to the DAO responsible for building and growing Aave.
• Aave Labs owns an allocation of AAVE that multiple market participants have discussed purchasing, directly or indirectly, through deeper long-term partnerships. The article’s framing is inaccurate.
• Aave is currently generating $134M in annualized revenue, which goes to the Aave DAO.
• As defined in AWW, all intellectual property, including the Aave brand and any software built for Aave, belongs to $AAVE.
• We haven’t shared much on this yet, but the Aave team is designing Aavenomics 3.0, which includes a new automated and non-discretionary buyback mechanism. More on this later.
• Aave is building not only for the crypto TAM, but for the entire finance asset TAM, including RWAs.
• Everyone at Aave Labs and Aave DAO works for $AAVE.
We’ll be hosting our quarterly call in the next couple of weeks. Join us if you want to catch up on what we’ve been working on and get some cool updates on the Aave roadmap.
This is big news.
Not only @Aave is generating more revenue than ever before and the biggest v4 catalysts are still to come, but the team is also working on Aavenomics 3.0: immutable and automated buybacks of solana:AavE1kKKnesPw4MuRJmJ9jZs9QzEE8CPxQ3ViczUDfc1.
Growing revenue + programmatic value accrual is exactly what investors want to see.
@Falcon0nX If you frame it only as a car company, then you are missing the point. When a car company discontinues manufacturing one of its best vehicles to manufacture robots instead, it’s no longer a car company alone. Let alone AI and FSD.
The fact that Aave DAO used ~$58M out of its own treasury to make rsETH depositors whole is not praised nearly enough.
It chose to take the hit, protected its users, and now it's rebuilding.
With buybacks paused and stkAAVE emissions reduced, @Aave is rebuilding its balance sheet after absorbing losses. This is exactly what you want to see from a protocol managing billions.
Now, WETH liquidity is back on Aave Core, and with V4 massively expanding Aave's design space, Aave will recover much faster than most think.
The first proposal is already in by @babylonlabs_io, potentially bringing billions in native BTC as productive collateral.
@elonmusk Make it available on Supergrok. I’m excited to try it. You will get a lot more feedback! If it becomes competitive to Claude and Codex I’d totally switch over to heavy. The value has to be there though