Aavechan Initiative Founder: Temporary Check to Activate Fee Switching Will Be Conducted Next Week
By:Cointime
The founder of Aavechan Initiative stated on social media that the Aave treasury "cash" (Eth and stablecoins) is currently worth $50 million (2.5 years of operating costs), with a net profit for the DAO of $50 million per year and still growing. An interim check will be conducted next week to activate fee conversion.
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