Since the launch of AAVE token repurchase, 50000 tokens have been repurchased with an average purchase price of $199.74

On June 20th, according to GLC Research, it has been two months since Aave DAO launched AAVE token repurchase and fee conversion, and the agreement has consistently adhered to its plan of repurchasing $1 million per week. As of today, Aave DAO has repurchased 50000 AAVEs at a total cost of $10 million, with an average purchase price of $199.74. Based on the current market price of $264, this reserve of funds is now worth approximately $13 million. It is expected that Aave DAO will continue its weekly repurchase plan of $1 million within the first 6 months.