The Aave community has voted in favor of the 'Aave Will Win' proposal, a framework that redirects all revenue from Aave-branded products back to the DAO, consolidating economic rights under the AAVE token. This move marks the end of a months-long dispute that began when swap fees were redirected away from the DAO treasury. The proposal, deemed the most important in Aave's history, allocates $25 million in stablecoin and 5,000 AAVE tokens to Aave Labs and establishes the DAO as the primary funding body for Aave Labs' activities. The Aave DAO, a community-run decision-making body, will now oversee the protocol's revenue, which includes $140 million in annual revenue and an additional $10 to $20 million from swaps on Aave.com and Aave Pro.
The 'Aave Will Win' proposal prioritizes token holders, ensuring that protocol revenue is utilized to benefit the community. Aave's founder, Stani Kulechov, has outlined a plan to make Aave fully token-centric, with a focus on eliminating 'value leakage' and promoting a 'fintech-like experience' for users. The proposal also introduces new technical features, including Aave V4's reinvestment feature and 'Spokes' to expand collateral options. With approximately $25 billion in total value locked, Aave aims to scale to $1 trillion, positioning itself as a financial network for fintech, banks, and asset managers.