Aave has launched a “Temp Check” proposal to allocate 100% of Aave-branded product revenue to the DAO treasury.
7x24h News
Aave has launched a “Temp Check” proposal to allocate 100% of Aave-branded product revenue to the DAO treasury.
Aave Labs recently launched a “Temp Check” proposal to solicit initial community feedback on a new strategic framework. The framework aims to establish Aave V4 as the technological foundation for the protocol’s future development and proposes directing 100% of revenue from all Aave-branded products—including aave.com and the Aave App—directly into the DAO treasury. In exchange, Aave Labs is requesting financial support from the DAO in the form of $25 million in stablecoins and 75,000 AAVE tokens. The proposal also includes plans to establish a foundation to protect the Aave brand trademarks.
Navigating Web3 tides with focused insightsTechFlow reports that on February 13, Aave Labs recently launched a “Temp Check” proposal to solicit initial community feedback on a new strategic framework. This framework aims to establish Aave V4 as the technical foundation for the protocol’s future development and proposes directing 100% of revenue from all Aave-branded products—including aave.com and the Aave App—directly into the DAO treasury. In exchange, Aave Labs requests $25 million in stablecoins and 75,000 AAVE tokens in funding from the DAO. The proposal also includes plans to establish a foundation to protect the Aave brand trademarks.
