馬克·澤勒（Marc Zeller）揭幕了Aave的標記改造提案，包括新的收入重新分配模型

Aave Chan Initiative（ACI）的創始人Marc Zeller於3月4日揭幕了AAVE的標記改造的提案，其中包括新的收入重新分配模型

Marc Zeller, the founder of Aave Chan Initiative (ACI), has unveiled a proposal for Aave's tokenomics revamp, which would include a new revenue redistribution model, an “Umbrella” safety system to protect against bank runs, and the creation of the “Aave Finance Committee” (AFC). The proposal is part of Aave's ongoing tokenomics overhaul and is subject to community approval.

Aave Chan Initiative（ACI）的創始人Marc Zeller揭幕了AAVE的Tokenomics改革的提案，其中包括一種新的收入重新分配模型，一種“保護傘”安全系統，以防止銀行運行，以及創建“ AAVE財務委員會”（AFC）（AFC）。該提案是AAVE正在進行的令牌學大修的一部分，並得到社區認可。

On Saturday, Zeller, a prominent member of the Aave community, took to X, formerly Twitter, to highlight the significance of the proposal.

週六，AAVE社區的傑出成員Zeller登上了X（以前是Twitter），以強調該提案的重要性。

"The MOST IMPORTANT proposal in Aave's history has been put forth today. This proposal is the culmination of several months of work and discussion with many community members," he said.

他說：“今天已經提出了AAVE歷史上最重要的建議。該提議是與許多社區成員進行數月的工作和討論的高潮。”

The proposal aims to keep the previous distribution for GHO stakers, also called the “Merit” program, and adds a new token called Anti-GHO, which is a non-transferrable ERC-20 token. As the proposal notes, “Anti-GHO will be generated by all AAVE and StkBPT Stakers.”

該提案旨在保留GHO Stakers先前的發行版，也稱為“功績”計劃，並添加了一個名為Anti-Gho的新令牌，這是不可轉讓的ERC-20代幣。正如提案所指出的那樣，“所有AAVE和Stkbpt Stakers都會產生反GHO。”

Zeller said that the current cash reserves in Aave's decentralized autonomous organization (DAO) should cover both the Merit program rewards and Anti-GHO generation.

Zeller說，目前的現金儲備在AAVE的分散自治組織（DAO）中應涵蓋績效計劃獎勵和反GHO一代。

According to the proposal, the cash portion of the Aave DAO has increased by 115% since August 2024. As a lending protocol, Aave generates revenue from interest fees incurred from loans and liquidations.

根據該提案，自2024年8月以來，AAVE DAO的現金部分增長了115％。作為一項貸款協議，AAVE從貸款和清算產生的利息費中產生收入。

Umbrella, a new version of the Aave safety module, would be able to protect users from bad debt “up to billions,” according to the proposal. It would also create a commitment of liquidity that would remain in the protocol until “cooldown maturity.” In Zeller’s view, this will make bank runs “less harmful” and allow for the building of new products and revenue streams.

該提案稱，雨傘是AAVE安全模塊的新版本，將能夠保護用戶免受“最高數十億美元”的壞賬。這也將創造一種流動性的承諾，該承諾將保留在協議中，直到“冷卻到期”。澤勒（Zeller）認為，這將使銀行運行“危害較小”，並允許建立新產品和收入來源。

In addition, Zeller proposed a token buyback and redistribution plan. “While staying extremely conservative with Aave treasury funds, the ACI considers this proposal can mandate the AFC to start an AAVE buyback and distribute program immediately at the pace of $1M/week for the first 6 months of the mandate,” Zeller said.

此外，Zeller提出了代幣的回購和再分配計劃。 Zeller說：“在憑藉AAVE國庫基金保持極為保守的同時，ACI認為該提案可以要求AFC在授權的前6個月內立即以每週100萬美元的價格開始AAVE回購和分發計劃。”

The proposal would allow the AFC “to execute and/or work with market makers to buy AAVE tokens on secondary markets and distribute them to the ecosystem reserve.” TokenLogic, a financial services provider for the Aave DAO, would “size these buybacks according to the protocol's overall budget, with the objective to eventually match — and even surpass — all protocol AAVE spending.”

該提案將允許亞足聯“執行和/或與做市商一起執行和/或合作在二級市場上購買AAVE代幣並將其分發給生態系統儲備。” AAVE DAO的金融服務提供商Tokenlogic將“根據協議的整體預算進行這些回購的規模，最終使所有協議AAVE支出都匹配甚至超過所有協議。”

DeFi lending protocols have $39.5 billion in total value locked (TVL), according to DeFi analytics platform DefiLlama. The data shows that TVL in DeFi lending protocols has decreased from $10.6 billion on Dec. 30, 2022.

根據DEFI Analytics Platform Defillama的數據，Defi Lendens協議的總價值鎖定為395億美元（TVL）。數據表明，DEFI貸款方案中的TVL已從2022年12月30日的106億美元下降。

Aave, which runs on 14 blockchains, ranks No. 1 for TVL with $17.5 billion and has amassed $8.3 million in fees in the past seven days. In January 2025, the protocol hit $33.4 billion in net deposits, surpassing 2021 levels.

AAVE在14個區塊鏈上運行，在過去七天中，TVL排名第1，並積累了830萬美元的費用。 2025年1月，該協議的淨存款達到了334億美元，超過2021級。

JustLend ranks a distant No. 2 in TVL with $3.5 billion locked.

Justlend在TVL中排名第二，鎖定為35億美元。

DeFi has been on the rise for a couple of years, with various companies betting on this sector of crypto for the future. Uniswap unveiled its Ethereum layer-2, Unichain, which caters to DeFi users, while Kraken launched its own Ethereum L2 called Ink, which is seeking market share in the same sector.

Defi已經在增長了幾年，各種公司都押注了該加密貨幣的未來。 UNISWAP推出了符合Defi用戶的Ethereum 2層Unichain，而Kraken推出了自己的Ethereum L2，稱為Ink，該L2在同一領域尋求市場份額。

Lending protocols serve a particular function, permitting loans in the form of crypto between different users in a peer-to-peer format. This allows borrowers to customize the terms of their loans, the loan amounts and even the interest rates.

貸款協議發揮特定功能，允許以對等格式的不同用戶之間的加密形式貸款。這使借款人可以自定義其貸款條款，貸款金額甚至利率。

Various DeFi protocols are starting to engage with buybacks in order to increase investor confidence and allow stakeholders to share in revenue. In December 2024, Ether.fi pitched buybacks for ETHFI stakers, and in February 2025, it was revealed that Jupiter, a DeFi exchange on Solana, is projected to buy back $100 million in tokens annually, creating demand.

各種違規協議開始與回購互動，以提高投資者的信心並允許利益相關者分享收入。 2024年12月，Ether.fi為Ethfi Stakers提供了回購，並在2025年2月透露，索拉納（Solana）的Defi Exchange jupiter預計將每年回購1億美元的代幣，從而產生需求。