Proposal
Surplus protocol revenue, defined as revenue remaining after Insurance Fund allocation and the coverage of operating expenses, will be used to buy back $AEVO onchain via the open market.
Buybacks will resume with a committed schedule of monthly executions during Q2 2025 (April to June), each consisting of 1 million $AEVO, matching the amount used in the 2024 buybacks.
Further buybacks beyond Q2 may be executed by the Treasury & Revenues Management Committee based on the defined parameters and evolving market considerations.
$AEVO acquired through buybacks will remain under DAO control and will not be distributed, burned, or otherwise utilized until a separate governance proposal determines its use.
A future proposal will address the intended use of the accumulated tokens, which may include, but is not limited to: protocol-owned liquidity (POL), token burns, incentive programs, or strategic reserves.
Last updated