Aave
Is a lending protocol on ethreum:
https://github.com/aave/aave-protocol/blob/master/docs/Aave_Protocol_Whitepaper_v1_0.pdf
App
https://app.aave.com/reserve-overview/USDC
Token burn
Burn is implemented. About tokenomics/the govern part not much info to find [1,2]
1,637,359.78 burnt in 4 month. So yearly burn rate would be, without grow, 3 x: 4'912'079 ~ 5'000'000 ~ 220'500$
Tokenprice is 0.0441 $ and Marketcap 57,298,220.36.
1,299,999,941 exist right now [3]. So it would take 259 years to burn all tokens if price is stable. Because price will go up it will take much longer. Right now it looks like a bit overvalued, but its anyway a investement in the futur.
[1] https://twitter.com/StaniKulechov/status/1216872797252849664?s=20
[2] https://twitter.com/AaveAave/status/1203051293809487873?s=20
[3] https://etherscan.io/token/0x80fB784B7eD66730e8b1DBd9820aFD29931aab03
Data insight
Everyone can burn the tokens
Everyone can poke the contract to burn some LEND/AAVE Token:
A target of tx is this address:
https://etherscan.io/address/0xe3d9988f676457123c5fd01297605efdd0cba1ae