AAVE Fee Switch Proposal Sparks Market Activity

AAVE Fee Switch Proposal Sparks Market Activity

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Source: TheMerkle.com

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

Read More https://themerkle.com/aave-fee-switch-proposal-sparks-market-activity/

The post "AAVE Fee Switch Proposal Sparks Market Activity" appeared first here TheMerkle.com.

Source: TheMerkle.com

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