AAVE holders can influence the protocol's future through governance.
“AAVE token holders have the ability to influence the future of the Aave Protocol through governance.”✓ Quote found word for word in the latest snapshotAAVE is the native governance token of the Aave Protocol.
AAVE holders can influence the protocol's future through governance.
“AAVE token holders have the ability to influence the future of the Aave Protocol through governance.”✓ Quote found word for word in the latest snapshotThe Aave DAO uses protocol revenue to buy AAVE on the open market.
“The Aave DAO operates a buyback program that uses protocol revenue to acquire AAVE tokens on the open market.”✓ Quote found word for word in the latest snapshotThe protocol is governed by AAVE holders, who propose, vote on and enact changes.
“The protocol is governed by AAVE token holders through a decentralised governance framework.”✓ Quote found word for word in the latest snapshot| Tokens in circulation | 16,000,000 AAVE |
| Contract code can be replaced (proxy) | Yes |
| Proxy pattern | eip1967 |
| Who can replace the code (proxy admin) | 0x86c3ffee349a7cff7ca88c449717b1b133bfb517 |
| Proxy admin is | a smart contract (e.g. multisig or timelock) |
| Source | Last checked | Status | Versions | Last changed | SHA-256 |
|---|---|---|---|---|---|
| Product documentation | 24 Oct 2026, 05:17 UTC | Archived | 1 | — | a4cbecd7…d2776c ⏱ |
| Product documentation | 24 Oct 2026, 05:17 UTC | Archived | 1 | — | 6c8e45fe…d147f9 ⏱ |
| Contract addresses | 24 Oct 2026, 05:17 UTC | Archived | 1 | — | d5e57939…4101b0 ⏱ |
These questions have no answer in the documents we archive. That is a gap, not a verdict.
Who owes the holderRegulator / licenceGoverning law and disputesRedemption for moneyWho may redeemWhen redemption can be suspendedReserve assetsCustodyAttestation and its scopeFreezing and blockingUpgrading the contractIssuing new tokens