I’ve been looking more into Aavenomics 3.0, and imo this is one of the more important tokenomics updates in DeFi right now.
They are trying to make $AAVE less of a passive governance token and more of the asset that sits at the center of the protocol’s economics.
That matters because @aave already has the hard part working with things like real lending activity, GHO, institutional products, and now a bigger push toward RWAs and V4.
Aavenomics 3.0 takes that a step further by moving buybacks to become more automatic and built into the system, instead of being something a committee manually decides each time.
Also, Aave reportedly pushed back on a discounted 15% stake sale to @krakenfx at a $385M valuation, which IMO shows the team does not want Aave valued like some cheap DeFi asset.
Pretty cool, ngl.
Anyways, there is also V4, which pushes Aave toward tokenized stocks and securities lending, a market estimated around $4.6T.
So I think the bigger idea is pretty simple.
Buybacks can strengthen the $AAVE value-accrual story, while V4 expands the market Aave can go after.
That’s why I think Aavenomics 3.0 is interesting.
Because the protocol already has real usage + revenue, and now the focus seems to be on making sure more of that economic activity actually connects back to $AAVE.
They are trying to make $AAVE less of a passive governance token and more of the asset that sits at the center of the protocol’s economics.
That matters because @aave already has the hard part working with things like real lending activity, GHO, institutional products, and now a bigger push toward RWAs and V4.
Aavenomics 3.0 takes that a step further by moving buybacks to become more automatic and built into the system, instead of being something a committee manually decides each time.
Also, Aave reportedly pushed back on a discounted 15% stake sale to @krakenfx at a $385M valuation, which IMO shows the team does not want Aave valued like some cheap DeFi asset.
Pretty cool, ngl.
Anyways, there is also V4, which pushes Aave toward tokenized stocks and securities lending, a market estimated around $4.6T.
So I think the bigger idea is pretty simple.
Buybacks can strengthen the $AAVE value-accrual story, while V4 expands the market Aave can go after.
That’s why I think Aavenomics 3.0 is interesting.
Because the protocol already has real usage + revenue, and now the focus seems to be on making sure more of that economic activity actually connects back to $AAVE.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
