Aero is Getting Aggressive With its Token Burns
Aero (
@aeroxyz) has carried out another $AERO buyback and burn, removing 233,000 tokens.
It was the second such operation last week. The AeroFoundation says its Momentum Fund adjusts purchases according to market conditions rather than following a fixed schedule.
The strategy has already been tested. Aero's predecessor, the Public Goods Fund, bought back 8.7 million AERO across 13 epochs.
During peak volatility, weekly purchases reached the equivalent of 27.5% of that week's token issuance.
The Momentum Fund holds more sAERO than any other participant in the ecosystem.
Rather than selling its holdings, it puts them to work in markets and earns exchange revenue. The income can then support buybacks, burns, or ecosystem contributors.