During Aave's official quarterly live stream on X on October 22, Aave founder Stani Kulechov announced the upcoming launch of Aavenomics 3.0, which includes AAVE buyback, staking, and burn mechanisms, with the buyback program also set to resume.
Additionally, Coinbase’s seven tokenized stocks have launched on the Aave V4 Equities Hub on the Base chain and can now be used as collateral to borrow USDC; currently, this feature is only available to eligible non-U.S. users. Initial deposits at launch amounted to approximately $9.6 million.
In terms of Q3 data, DAO revenue was approximately $18.9 million, with a net profit of approximately $4 million. Total deposits increased by 41% to approximately $33.6 billion, and active loans grew by 32% to approximately $13.2 billion.
Aave Announces Aavenomics 3.0 and Coinbase Tokenized Stocks on Aave V4
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Summary
Aave announced Aavenomics 3.0 in a live session on October 22, introducing AAVE buybacks, staking, and burning. On-chain news revealed that seven Coinbase tokenized stocks are now available on the Aave V4 Equities Hub on the Base chain. Non-U.S. users can deposit them as collateral for USDC loans. Initial deposits reached $9.6 million. Q3 data showed DAO revenue of $18.9 million and a $4 million net profit. Total deposits increased 41% to $33.6 billion, with active loans up 32% to $13.2 billion. Inflation data remains a key metric for the protocol’s economic model.
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