Founder of Aavechan Initiative: Temporary inspection will be conducted next week to activate fee conversion
2024-04-07 00:24:00
The founder of Aavechan Initiative stated on social media that Aave's vault "cash" (Eth and stablecoin) is currently $50 million (2.5 years of operating costs), and DAO net profit is currently $50 million per year, which is continuously growing. A temporary check will be conducted next week to activate the fee conversion.
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