BlockBeats News, March 1 — Aave founder Stani.eth announced that the temperature check for the “Aave Will Win” proposal has passed. This brings Aave Labs closer to a fully token-centric model, directing 100% of product revenue to the AAVE token. The next step is to make structural adjustments based on community feedback, refine the proposal, and move into the ARFC stage.
Previously, on February 13, Aave Labs released a new governance proposal outlining Aave’s next strategic framework. The proposal suggests establishing Aave V4 as the core technological foundation for the protocol’s future development and directing 100% of revenue generated from all Aave branded products to the Aave DAO treasury. The proposal also includes creating a sustainable development budget mechanism, setting up a funding framework to support strategic growth and development for the DAO, and developing a brand protection plan (including dedicated structures for holding and managing the Aave trademark).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
JPMorgan: Tokenization Will Transform Funds Industry, but Quality Use Cases Still Years Away
Gate News message, April 25 — Ciarán Fitzpatrick, JPMorgan's global head of ETF product and securities services, said tokenization should drive significant change across the entire funds industry, not just for ETFs. In a post released Friday, Fitzpatrick noted that experimentation with tokenizing ET
GateNews38m ago
KelpDAO Recovers $43M in rsETH, Narrows Shortfall to 89,500 ETH
Gate News message, April 25 — KelpDAO announced progress on rsETH holder recovery efforts coordinated with Aave and ecosystem partners since April 18. The initial shortfall was 163,200 ETH; Kelp has recovered 40,300 rsETH (approximately 43,000 ETH), and the Arbitrum Security Council has secured an a
GateNews2h ago
Bitcoin Bonuses Expand as Fold Brings Payroll-Linked Rewards to Employers
Fold Holdings expanded bitcoin workplace compensation with a new employer bonus program. The rollout turns payroll-linked incentives into a potential distribution channel for everyday BTC adoption.
Key Takeaways:
Fold launches BTC bonuses, expanding employer adoption pathways.
Businesses gain
Coinpedia3h ago
Aave Proposes 25,000 ETH to DeFi United for Kelp DAO Exploit Relief
Aave service providers put forth a governance proposal on Friday to contribute 25,000 ETH—worth nearly $58 million—from the protocol's DAO to DeFi United, a coordinated relief effort to restore backing for rsETH following the Kelp DAO exploit. The proposed contribution would help close the
CryptoFrontier3h ago
Morgan Stanley Launches Stablecoin Reserve Fund, Positioning as Industry Reserve Manager
Gate News message, April 25 — Morgan Stanley Investment Management (MSIM) has unveiled a stablecoin reserve portfolio fund (MSNXX), a government money market fund designed exclusively for stablecoin issuers to securely hold reserves backing their tokenized fiat versions. The fund invests solely in t
GateNews3h ago
Fluent Ethereum Layer 2 Mainnet Goes Live With BLEND Token and $50M Day-One Liquidity
Gate News message, April 25 — Fluent, an Ethereum Layer 2 network, launched its mainnet and native BLEND token on Friday with $50 million in committed day-one liquidity. The network features blended execution, an architecture that allows applications built for different virtual machines to operate w
GateNews4h ago