03/05 Market overview

AAVE proposes buyback programme, up 20.7% in 24h

The Aave community proposed ‘Aavenomics Part One’ yesterday, improving the Aave economic model, including AAVE buybacks and protocol income reorganization. 1 million AAVE will be bought back weekly in the initial phase, and will expand in time.

Based on CoinGecko market data, AAVE is up 20.7% in 24h, now at $205.70. The major tokens have also rebounded, with BTC now at $87,127.29, up 4.8% in 24h. ETH is now at $2,172.49, up 6.7% in 24h.

Tokenlon supports multichain trading on Ethereum mainnet, Polygon PoS, Optimism, zkSync, Base, BNB, and Arbitrum chains. Simply navigate to the Market page in the latest imToken wallet version, 2.16.3, to start.

Trade 156 tokens on Tokenlon with discounted fees for LON holders.Trade up to 100 WBTC & 1,000 ETH in a single transaction on Tokenlon, with smart routing and limit orders on the Tokenlon website.

Tutorial

How to use Tokenlon instant swap

How to use limit order on Tokenlon

Note

Digital assets are highly volatile and unpredictable, do your research before trading.