Aave's tokenholders approved a governance proposal to start buying back the decentralized finance (DeFi) protocol's governance token, AAVE, as part of a broader tokenomics overhaul, Aave said on April 9. The proposal — which was approved by more than 99% of AAVE tokenholders — permits the protocol to purchase $4 million in AAVE (AAVE) tokens, enough for one month of buybacks.
The first AAVE buyback proposal secured 99.63% approval. The full strategy is designed to execute $1 million in weekly buybacks over six months.
The Aave DAO has overwhelmingly approved a $4 million AAVE token buyback, launching the first phase of a broader initiative to overhaul the protocol's tokenomics.
Bonk (BONK), the popular Solana-based meme coin, is on the verge of a massive price crash. This bearish outlook emerges during a period when major cryptocurrencies are experiencing massive sell-offs and price crashes.
Altcoin prices bounced back as some investors bought the dip following the recent crypto Black Monday, when most of them crashed.
The realized cap helps highlight BONK's investor losses, and plummeting on-chain activity gives little hope of recovery.
Aave DAO members are voting on a proposal to add Pendle's Principal Tokens to its V3 Core market. The proposal, posted on the web3 voting platform Snapshot on Apr. 7, suggests listing an initial PT test asset.
It's been a mixed bag for those interested in AAVE.
Several major developments across various ecosystems are expected this week, suggesting imminent volatility for tokens within the respective niches. From Aave buybacks to Trump's reciprocal tariffs, some very interesting updates are in the pipeline.
Aavenomics, the proposal to modify Aave protocol tokenomics and introduce token buybacks, has achieved a quorum for the Aave DAO. Aave Chain Initiative (ACI) founder Marc Zeller announced this on X, noting that it marks a new era for the protocol.
DeFi's largest protocol, the Aave decentralized autonomous organization (DAO), has officially approved a $1 million token buyback initiative that will start on April 9. The proposal secured 439,000 votes in favor, well above the required 320,000 quorum, while only 2,020 votes opposed it.
Lens Chain mainnet goes live using an inexpensive Ethereum overlay blockchain designed for building decentralized social media applications.
The cryptocurrency market experienced significant volatility late Wednesday and early Thursday. As such, several altcoins, including Hyperliquid, Berachain, and Bonk, crashed by double digits. Furthermore, Bitcoin (BTC) gave up gains from above $88k. Notably, markets remained jittery after US President Donald Trump's “Liberation Day” announcement. The global market cap has dipped 3% to $2.
Bonk (CRYPTO: BONK) is up 5% on Wednesday, with traders anticipating the rally to continue further. Cryptocurrency Price Gains +/- Bonk (CRYPTO: BONK) $0.00001259 +4.7% Dogecoin (CRYPTO: DOGE) $0.1759 +1.1% Shiba Inu (CRYPTO: SHIB) $0.00001281 -1.3% What Happened: Crypto trader Cold Blooded Shiller pointed out that BONK has experienced a massive sweep of the lows, testing a historically significant level.
Chainlink (LINK) was also among the underperformers, falling 4.7% from Tuesday.
The crypto market crawled back slightly on April 1 as investors bought the dip after a brutal quarter in which Bitcoin and Ethereum dropped by 12% and 45%, respectively.
The $159 level is a key support to watch for Aave (AAVE), while a break below could send prices toward $128.
BONK's decline is likely to extend as sentiment shifts.
As cryptocurrency market keeps losing value, the meme coin segment is under pressure. Bonk (BONK), a large-cap dog coin, is amid the worst performers today in the top 100.
AAVE is likely to establish a new high as more liquidity pours in.
Curve DAO (CRV), Bonk (BONK) and Pyth Network (PYTH) were among top losers as the cryptocurrency market witnessed sharp volatility on Friday, March 28. The altcoins saw sharp declines as Bitcoin (BTC) fell below $84k amid CME gap trades. Cryptocurrencies were also tracking downside action amid broader jitters across the risk assets market.
TL;DR Aave integrates Chainlink Smart Value Recapture (SVR) on Ethereum to recapture the MEV associated with loan liquidations in DeFi protocols. The SVR solution allows DeFi protocols to recover value lost in block building, improving the DeFi economy in a sustainable and transparent way.
The Aave community has voted to allow the adoption of Chainlink's Smart Value Recapture feature as the protocol looks to reclaim millions in maximum extractable value lost to oracles.
Decentralized finance protocol Aave has integrated Chainlink Smart Value Recapture (SVR) on the Ethereum mainnet, with this coming on the back of a community vote. The integration is an initiative of Chainlink and Aave (AAVE) ecosystem contributors BGD Labs, and Aave Chan Initiative, according to an announcement.
The Aave DAO community has formalized the integration of Chainlink Smart Value Recapture (SVR) on the Ethereum mainnet, with the goal of recovering the value extractable from oracles (Oracle Extractable Value, OEV) related to liquidations and converting it into a new source of revenue for the protocol. The decision, confirmed by an on-chain vote, marks a turning point for decentralized finance (DeFi), ushering in a sustainable model that reintegrates into the system the value technically lost during liquidation operations.
Exchange Art will soon feature Bonk as a supported cryptocurrency among other changes.
Solana-based memecoin BONK has acquired Exchange Art, a digital marketplace for fine-art NFTs. The move brings new leadership to the platform, with artist J.T.
Solana memecoin Bonk Inu has completed the purchase of the multichain art marketplace Exchange Art. While the purchase is a surprise for community members, speculators have their eyes peeled on a potential rally for BONK price.
The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.
Solana dog-coin BONK has seen a 35% price surge, catching the attention of the crypto market. At the time of writing, BONK was up 0.75% in the last 24 hours to $0.00001422 and up 35% weekly.
BONK is now poised for a 22% upside move, targeting the next resistance level at $0.000017.
Bonk (CRYPTO: BONK) has seen a 26% surge over the past week, prompting traders to anticipate a breakout. If key resistance levels are cleared, many believe a strong bullish run could follow.
Unlike most meme coins, the Bonk price rally took time before getting in shape. Once it did, the price surged higher and higher, setting the ATH at $0.00005916 by 2024 end.
The new week on the cryptocurrency market began with a fresh update from the world's largest exchange, Binance. It was mainly about meme coins.
This week, several significant events are poised to impact the crypto market. The new SEC chair ascension, developments in Ethereum's Pectra Upgrade, and new ecosystem developments have the crypto space buzzing with anticipation.
AAVE could be a focal point for traders this week.
The cryptocurrency market rose for the second week in a row, with meme coins and decentralized finance-based tokens powering the surge. What happened: Solana (CRYPTO: SOL)-based Fartcoin topped the gainers list with an astounding 83% rally over the previous week.
BONK traders should expect an interesting turn of events soon.
The crypto market dipped back into bearish territory as prominent cryptocurrencies, including Bitcoin (BTC), registered notable declines. BTC reached a high of $86,444 as markets rallied.
Bonk (BONK) surges 5%, hitting $0.000011 with a $3.88M market cap and 14.4K holders. Will it break $0.000012 or face rejection? Traders are watching closely. The post Bonk Price Rallies 5% with $175 Million – Do Insiders Know Something? appeared first on Cryptonews.
A poorly timed trade cost a crypto whale $10.9M in potential profits, even as they secured $1.8M from their transactions.
Despite market volatility, Bonk (CRYPTO: BONK) continues to surge, prompting bullish sentiment from traders. What Happened: Prominent trader Unipcs describes Bonk as one of the best risk/reward opportunities in the current cycle.
BONK has been making waves in the meme coin space, but can it really reach $1 in the next 30 days?
Bitcoin edged higher on March 20, 2025 as an injection of optimism helped several altcoins higher. XRP, Uniswap (UNI), and Bonk (BONK) are all seeing notable gains, leading the top 100 by market cap. Meanwhile, BNB Chain tokens are also rising following Binance's vote-to-list announcement on Wednesday.
Meme coins are making waves again, with Pepe (CRYPTO: PEPE), Fartcoin (CRYPTO: FARTCOIN), and Bonk (CRYPTO: BONK) surging in value over the past week. Despite uncertainty in broader markets, these coins have defied the trend, attracting increased trading volume and investor interest.
Many cryptocurrency projects such as Aave, dYdX, Jupiter, and Hyperliquid have recently announced token buyback mechanisms.
Aave Chan Initiative (ACI) founder Marc Zeller, has said that the proposal to revamp the Aave protocol tokenomics has passed the quorum. In a post on X, he noted that implementation of the Aavenomics could start this month.
Aave v3 has launched on Celo, expanding DeFi access to Celo's mobile-first users and opening the platform to broader user growth.