Post #11653

Aave Labs proposes sending 100% of protocol revenue to DAO Aave Labs has submitted a radical proposal to transfer its income to the Aave DAO and IP to a new foundation, essentially subsuming the startup to token holders. The move is the latest proposal in a long-simmering conflict between Aave Labs and the DAO over who truly owns the largest decentralised lending protocol. Marc Zeller, ACI founder and prominent DAO advocate, argues Labs’ proposal is an attempt to cash out framed as a benevolent act. 🔘Current AAVE price: $112 🔘Current FDV: $1.8B 🔗x.com/aave/status/2022021942027727344 @TOP7ICO