AAVE's Tokenomics Overhaul Sparks Major Price Surge

AAVE's Tokenomics Overhaul Sparks Major Price Surge

Proposals to revamp AAVE's tokenomics and improve the protocol's risk management have sparked significant investor interest in the cryptocurrency, according to analysts. Katie Talati, head of research at Arca, pointed out that the Umbrella proposal could help reduce sell-side pressure on AAVE in the market. The price of AAVE, the native token of the decentralized lending platform Aave, has surged over 45% to $135 in the past four weeks. Th...

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