Aevo Buybacks 💰

We have started the buyback process for the $AEVO token

For the July buybacks, 1M $AEVO was purchased at an average price of $0.446

Buyback process:

Withdraw $ from Aevo’s insurance fund —> Buy $AEVO on Binance —> Send $AEVO from Binance to DAO Address

All future buybacks will be done onchain.

Here’s the tx details: https://t.co/ONAQOzuNrL

We will commit to buybacks of atleast 1M $AEVO every month, from July to December.

With the supply of AEVO almost fully vested and the start of buybacks, we believe this is a good starting point to create long term value for $AEVO tokenholders.