Aave (AAVE) Price on Solana

Aave founder Stani Kulechov pushed back on reports that the protocol planned to sell AAVE tokens at a steep discount, writing that "there is NO WAY we'd sell AAVE at a 70% discount." He acknowledged that outside parties had held discussions about acquiring an AAVE allocation held by Aave Labs, but rejected the framing that a discounted sale was ever on the table. Kulechov also clarified that all Aave Protocol and GHO stablecoin revenue flows directly to AAVE token holders, not to Aave Labs.

Alongside the denial, Kulechov confirmed that automatic AAVE buybacks will be formalized under the upcoming Aavenomics 3.0 framework. A discretionary buyback program authorizing up to $50 million in annual AAVE purchases is already in place; the new framework would make those repurchases programmatic and funded by protocol revenue. AAVE rose roughly 5% in the 24 hours following Kulechov's public clarifications.