⚙️ $AAVE

AAVEUSDT

Perp

110.22

+0.69%

Aave Labs proposes to direct all revenue from its products to the DAO treasury.

The project team has put forward a new development strategy for the protocol:

➥ 100% of the revenue from Aave products (aave.com, mobile app, Aave Card, etc.) will be directed to the DAO treasury.

➥ Aave V4 will serve as the foundation for further development of the protocol – enabling the launch of new features faster and more securely.

➥ Aave Labs is requesting $25m in stablecoins + 75,000 AAVE for product development and marketing.

➥ Additionally – $5m for the launch of each new product.

Currently, a preliminary vote (Temp Check) is underway. If the community supports it – a formal proposal with a detailed implementation plan will follow.