Aevo Governance Proposals
  • open proposals
  • AGP-2: Surplus Revenue Buyback Policy
    • Introduction
    • Proposal
      • Previous Buybacks
    • Notes
  • APPROVED PROPOSALS
    • AGP-1: Aevo Governance
      • 1 - Definitions
        • TGE Timeline
      • 2 - Governance
        • AGP - Aevo Governance Proposals
        • Committees
          • Treasury and Revenues Management Committee
          • Growth & Marketing Committee
        • Aevo Revenues
          • Operating Expenses
      • 3 - Tokenomics
    • AGP-1.5: TGE Update
      • Introduction
      • Proposal
      • Notes
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  1. AGP-2: Surplus Revenue Buyback Policy

Introduction

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Last updated 7 hours ago

Following the approval of AGP-1 and AGP-1.5, surplus protocol revenue has been used to perform $AEVO buybacks. This direction was publicly communicated in a, which outlined the rationale for initiating buybacks as a flexible approach to surplus revenue allocation. The tokens acquired through these buybacks have remained under Treasury control and have not been utilized.

This proposal formalizes the current use of surplus revenue for buybacks, acknowledges actions taken to date, and defers any decision on the use of the acquired tokens to a future governance process.

blog post dated June 26, 2024