Aave Buyback May Wait 473 Days as rsETH Losses Drain DAO Revenue

The striking point is not the loss itself but the arithmetic of recovery: a daily run-rate that has already fallen 41% turns a one-off hit into a multi-quarter drag on everything the DAO might otherwise fund, buybacks included. That reframes buybacks as residual, not policy — they resume only after the credit line clears, and the timeline moves with revenue, not with any governance vote. The open question is whether the revenue decline is incident-related or a broader shift in fee generation; if the latter, the 473-day figure is a moving target.