💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
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1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
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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