‍Aave Governance Sparks Debate Over $50M Funding Proposal

A significant governance conflict is unfolding within the Aave ecosystem concerning a proposed $50 million funding framework for Aave Labs. This "Aave Will Win" proposal includes stablecoins and AAVE tokens, with Aave Labs agreeing to direct 100% of revenue from Aave-branded products to the Aave DAO treasury.

The dispute centers on conflicting reports about Aave Labs' past capitalization and contributions. Marc Zeller of Aave Chan Initiative (ACI) released a report suggesting Aave Labs has received $86 million, while Aave Labs highlighted its foundational role in developing key features like Flash Loans. The outcome of the upcoming tokenholder vote will set a precedent for DeFi protocol service provider contracts and long-term intellectual property management.

https://cryptovka.com/news/aave-governance-dispute-intensifies-over-50m-funding-proposal