Aave's Aavenomics 3.0 is now live with automated, immutable AAVE token buybacks and a reduced DAO budget. Protocol revenue runs at $402M annualized and TVL stands at $12.45B.

The Aave Will Win proposal redirected 100% of protocol and Aave-branded product revenue to the DAO and AAVE token holders.

Aave is advancing Aavenomics 3.0, an automated non-discretionary AAVE buyback mechanism funded by all protocol and GHO revenue. Kulechov teased the overhaul while disputing the…