Demex Daily #362: Aave Proposes Tokenomics Revamp With Buybacks & Safety Upgrades

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Aave's proposed tokenomics revamp includes revenue redistribution, a new safety system, and a buyback program. The "Umbrella" safety module aims to prevent bank runs, while the Aave Finance Committee (AFC) would oversee a $1M/week AAVE buyback for six months. A new "Anti-GHO" token will be introduced for stakers. Aave remains the top DeFi lending protocol, with $17.5B TVL.

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CUDIS has launched the first onchain emotion tracker, integrating with Backpack Wallet to bring mental wellness to Web3. The dApp allows users to log emotions and energy levels daily, earning rewards while gaining AI-driven insights into their well-being. Using blockchain for security and transparency, it promotes self-awareness in the fast-paced crypto space. Backpack is the first wallet to support this feature, with CUDIS planning further integrations in 2025.