Aave revamp proposal includes revenue redistribution, safety system
According to a March 4 proposal, the new “Aavenomics” implementation would include an Aave buyback and distribution program.
Marc Zeller, the founder of Aave Chan Initiative (ACI), unveiled a proposal for Aave’s tokenomics revamp on March 4, which would include a new revenue redistribution model, an “Umbrella” safety system to protect against bank runs, and the creation of the “Aave Finance Committee” (AFC).
The proposal is part of Aave’s ongoing tokenomics overhaul and is subject to community approval. On X, Zeller called the proposal “the most important proposal” in Aave’s history.
The new revenue redistribution model involves keeping the previous distribution for GHO stakers, also called the “Merit” program, and adds a new token called Anti-GHO, which is a non-transferrable ERC-20 token.
