Aave founder: New tokenomics will include AAVE buyback, staking, and burn.

BlockBeats news, October 23: Aave founder Stani stated during the Q3 livestream that Aavenomics 3.0 will include AAVE buybacks, staking, and burning.

AAVE buybacks have been suspended since April 19, the day after the rsETH exploit incident. Since then, the DAO has committed 25,000 ETH to DeFi United to cover losses and arranged a credit line of up to 30,000 ETH from Mantle. Before the buyback suspension, a forum proposal had suggested reducing the annual buyback budget from approximately $50 million to $30 million.