$AAVE is the only green coin in my portfolio today.. First CRV and now $AAVE is moving while most of the market is red Ethereum DeFi is looking good.. and I have a decent bag of AAVE.. probably the cleanest bet if Ethereum DeFi is really coming back.. around 85% of its $17.8B TVL sits on Ethereum, and Aave already has $12.7B in active loans.. that activity generates around $105M in annualized revenue, while Aave has a $50M yearly buyback budget. so as Ethereum DeFi grows: more deposits → more borrowing → more revenue → more AAVE bought back.
Axel Bitblaze 🪓Share
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