AAVE just won't fall? How to keep the price strong!
Despite the recent market retracement, friends have found several strong altcoins that have not fallen, one is AAVE and the other is UNI. We all know that the progress of UNI and SEC cannot be resolved so quickly, and the launch of V4 is a potential possibility for subsequent layout. So how can the price of AAVE remain strong? Is the new plan worth paying for? ?
First, let's take a look at the price of AAVE. Although the latest plan has not yet been implemented, it is also a good thing. The current price is still at this year's high point, and it has not even retreated with the sharp drop of BTC. Most altcoins are in a downward trend, while AAVE's daily level is in a strong state waiting to break through.
In the new plan on the official website, it is not difficult to see two important information: First, all Aave tokens that have not been sold by the foundation will be frozen, nearly 100 million US dollars, and will no longer flow into the market. It can be said that it is a plan to force lock-up to reduce circulation. Second, in the future on-chain staking rewards, the project party will take out part of the project income, repurchase Aave from the market, and reward it to the pledgers. In such a lock-up + repurchase plan, AAVE DAO has indeed become popular again. The data also shows that in terms of user growth, AAVE has grown exponentially in recent months, far higher than lending projects such as COMP in the same period.
In addition, in the new cooperation plan, AAVE has also had new developments. Aave V3 integrates USDS and savings USDS (sUSDS) and provides native token rewards. And AAVE will create a new SKY/Aave market to achieve seamless interaction and exclusive rewards. These two points are also the best way to stimulate the market at present. As of press time, we have also noticed that another whale on ETH is buying AAVE, and the price is not low. This is the second whale to buy more than 10 million US dollars in a few days. So overall, AAVE is still worth our continued attention and layout. $AAVE #AAVE #加密市场急跌