🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Aave DAO's first phase proposal for the $4 million AAVE buyback plan
Gate.io News bot message, according to the Aave governance proposal, the Aave DAO has approved a proposal to allocate 4 million aEthUSDT from the Aave Collector contract to the Aave Financial Committee (AFC). These funds will be used to execute the first phase of the AAVE buyback plan.
This repurchase plan is part of Aavenomics, which aims to buy back AAVE from the open market and allocate it to the ecological reserve. The first phase is expected to last for one month. The overall plan sets a target of repurchasing 1 million USD of AAVE each week over a period of 6 months. This authorization of 4 million USD is the initial step of the plan. It is worth noting that the repurchase process can be adjusted or revoked through new voting.
Source: Wu Says