Aave Confirms No New Token for Horizon, Only $AAVE
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Aave Labs has announced that it will not issue a new token for its Horizon initiative, which aims to integrate real-world assets into decentralized finance (DeFi). The $AAVE token will remain the primary governance and utility asset for the project.
March 18, 2025 | 11:30 am
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Aave Labs will not issue a new token for its Horizon initiative, keeping $AAVE as the main governance and utility token. This decision may stabilize or positively impact $AAVE's value as it remains central to Aave's ecosystem.
By not introducing a new token, Aave Labs ensures that $AAVE remains the central asset for governance and utility within its ecosystem. This decision could lead to increased investor confidence and demand for $AAVE, as it remains the sole token for the Horizon initiative.
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