50,000 tokens have been repurchased since the launch of AAVE token repurchase, with an average purchase price of $199.74

On June 20th, according to data disclosed by GLC Research, it has been two months since Aave DAO started AAVE token repurchase and fee conversion, and the agreement has always adhered to its plan to repurchase $1 million per week. As of today, Aave DAO has repurchased 50,000 AAVs, with a total cost of $10 million and an average purchase price of $199.74. At the current market price of $264, this fund reserve is now worth about $13 million.
Aave DAO is expected to continue its $1 million per week buyback program for the first six months.