[Aave DAO Approves $50 Million Annual Permanent Token Buyback Plan] Aave DAO has passed a proposal for a permanent token buyback plan, allocating $50 million annually from protocol revenue to repurchase AAVE tokens. The proposal was submitted by the Aave Chan Initiative (ACI) on October 22 and was approved with 100% affirmative votes. According to the plan, the Aave Financial Committee (AFC) and Token Logic can repurchase $250,000 to $1.75 million worth of AAVE weekly, depending on market conditions and protocol revenue. Currently, Aave's total value locked (TVL) stands at $36.4 billion, with revenue of $12.7 million over the past 30 days. This move makes Aave one of the few DeFi projects to adopt a permanent revenue buyback mechanism, reflecting the trend of crypto projects aligning with traditional corporate shareholder return models.