Aavechan Initiative Founder: Temporary Check to Activate Fee Switching Will Be Conducted Next Week

The founder of Aavechan Initiative stated on social media that the Aave treasury "cash" (Eth and stablecoins) is currently worth $50 million (2.5 years of operating costs), with a net profit for the DAO of $50 million per year and still growing. An interim check will be conducted next week to activate fee conversion.