Aave will announce investment and token contract rewards and release a new AAVE token to replace libraries.

Decentralized lending platform Aave has confirmed to Chain News that it will start offering capital mining and token contract rewards, according to Chain News. Aave COO Jordan Lazaro Gustave told Chain News, “We will soon be announcing a new token business model that includes token staking rewards and giveaways.” Taking new tokens and distributing them to consumers through the mining industry is fundamental to the development of new business models. Jordan Lazaro Gustave announced that the platform will announce the new AAVE token to replace the current token borrowed from the token exchange. The industry standard designed for the new AAVE token includes procedures for quality giveaways and promotional token pledges.