AAVE, a top DeFi protocol, is planning to implement a fee conversion feature that will distribute part of its revenue to token holders. Announced by founder Stani Kulechov, this move is intended to enhance token holder attraction and encourage restaking on the platform. The AAVE community previously supported fee conversion for implementation in 2024.

AAVE’s treasury has exceeded 75 million USD, a testament to its strong performance. It leads active borrowing with 14.99 billion USD and had significant growth in net deposits by increasing 25 billion USD in 2024, reaching a total of 35 billion USD. This growth reflects investor confidence and further potential in the DeFi space.

Even with the potential introduction of fee conversion, AAVE’s price remains stable, showing a 32% increase over the past 30 days. This stability indicates that the market has yet to fully react to the announcement, though many believe AAVE will continue to flourish, especially with its plans to expand across more chains in 2025.