What is the issuance and circulation of AAVE coins?

Aave coins, initially issued in 2017, have an initial allocation of 60% for the protocol's DAO, 25% for the Aave team, and 15% for early investors and advisors.

Oct 12, 2024 at 03:47 pm

1. AAVE Issuance

AAVE coins were initially issued on Ethereum through an initial decentralized exchange offering (IDO) in November 2017.
The IDO raised $16.2 million from investors.
1 billion AAVE tokens were created at launch, with the following initial allocation:
- 60% for the protocol's decentralized autonomous organization (DAO)
- 25% for the Aave team
- 15% for early investors and advisors

2. Token Distribution

AAVE's token distribution incentivizes holders to participate in and support the protocol.
Holders can stake their AAVE tokens to earn rewards and participate in governance decisions.
A portion of the protocol's revenue is distributed to AAVE stakers as a reward for their participation.

3. Current Circulation

As of [insert date], there are approximately [insert number] AAVE coins in circulation.
The circulating supply is determined by the number of AAVE tokens that have been issued and not burned or locked up in staking or other mechanisms.
The total supply of AAVE remains at 1 billion tokens.

4. Metaverse Integration

AAVE is expanding its presence into the metaverse platforms such as Decentraland and The Sandbox.
Users can purchase and interact with Aave-branded wearables, properties, and experiences within these virtual environments.
This integration aims to promote the adoption and accessibility of decentralized finance in the Metaverse.

5. Recent Developments

In September 2022, Aave community voted to deploy Aave v3 on six new blockchains, including Arbitrum, Optimism, Polygon, Avalanche, Gnosis Chain, and Fantom.
This expansion aims to increase the accessibility and scalability of Aave's services to a wider range of users.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

RAIN

$0.007852

113.00%

Trade Now
PIPPIN

$0.06097

51.96%

Trade Now
PARTI

$0.1396

42.04%

Trade Now
WAVES

$0.9141

41.69%

Trade Now
ARC

$0.04302

35.73%

Trade Now
HONEY

$0.01029

21.80%

Trade Now

Latest Crypto News

Bitcoin’s Wild Ride: Crypto Market Faces Price Drop Amidst Extreme Fear and Macro Headwinds
2026-02-02 12:30:01
Ross Stores Dominates Off-Price Retail with Brick-and-Mortar Prowess Amidst Economic Shifts
2026-02-02 13:20:01
Cong, Leviste, DOE Slap: Billionaire Faces $24B Penalty Amidst Renewable Energy Promises
2026-02-02 13:20:01
Bitcoin Vulnerabilities Exposed in Brutal Crypto Crash, Highlighting Market Immaturity
2026-02-02 13:15:02
Unlocking Fortunes in Your Pocket: UK Coins Could Make You £1,000 Richer
2026-02-02 13:15:02
APEMARS, Crypto Presale, and MrBeast Coin: Navigating the Hype and Finding True Value
2026-02-02 13:10:02

Related knowledge

What is a delta-neutral strategy in DeFi?

Jan 04,2026 at 03:20am

Understanding Delta-Neutral Positioning1. A delta-neutral strategy in DeFi refers to a portfolio configuration where the overall sensitivity to price ...

How to track DeFi activity on a block explorer

Sep 04,2025 at 05:36pm

Bitcoin's Role in Decentralized Finance1. Bitcoin remains the cornerstone of the cryptocurrency ecosystem, serving as both a store of value and a benc...

What is the difference between DeFi and CeFi? An article analyzing the advantages and disadvantages of both

Jun 13,2025 at 03:57am

Understanding the Foundations of DeFi and CeFiTo fully grasp the difference between DeFi (Decentralized Finance) and CeFi (Centralized Finance), it’s ...

What is DeFi? How to balance risks and returns?

May 31,2025 at 12:22pm

What is DeFi? How to Balance Risks and Returns? Decentralized Finance, commonly known as DeFi, represents a revolutionary shift in the financial ecosy...

How does DeFi lending work? What is the difference from traditional bank loans?

May 29,2025 at 05:36pm

Introduction to DeFi LendingDeFi lending, or decentralized finance lending, represents a revolutionary shift in the way borrowing and lending are cond...

Is DeFi safe? The opportunities and challenges of decentralized finance

May 27,2025 at 02:28pm

Decentralized Finance, commonly known as DeFi, has revolutionized the financial landscape by offering a range of financial services without the need f...