AAVE Fee Switch Proposal Sparks Market Activity

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AAVE founder Marc Zeller recently proposed a fee switch aimed at buying back Aave tokens from the secondary market. This move follows a similar strategy seen with $UNI, which saw its price double over 11 days following a revenue share proposal, with an initial 50% surge within the first hour. Aave’s initial reaction has been more modest, with a 10% increase in the first hour, reflecting the tougher current market conditions. $AAVE Fee switch proposal by founder Marc Zeller for buyback of Aave tokens from secondary market. $UNI pumped over 100% over 11 days on a revenue share proposal, with

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