PANews reported on April 9 that according to the Aave official governance page, the AAVE first repurchase proposal was passed with 99.63% support, approving the Aave Finance Committee to use $4 million in aEthUSDT to repurchase AAVE for about one month. The plan is part of the Aavenomics economic model, and the full repurchase target is to repurchase $1 million per week in the next 6 months. This is the first phase, and the updated Aave Swapper contract will be deployed later to support long-term execution.