The Aave community has voted in favor of the 'Aave Will Win' proposal, a framework that grants 100% of revenue from Aave-branded products to the DAO and consolidates economic rights under the AAVE token. This move shifts the responsibility of funding Aave Labs' activities to the DAO and has been hailed as a significant milestone in Aave's history. The proposal aims to make Aave fully token-centric, with a single asset and model.
It also resolves a controversy that arose in December when swap fees were redirected away from the community treasury. The vote decisively favors token holders, with protocol revenue now supplemented by application-layer revenue from various Aave products. The proposal also takes a hard line against 'value leakage' and introduces measures to reduce friction and improve governance.
With Aave holding approximately $25 billion in total value locked, the protocol is poised for significant growth, with a target of scaling to $1 trillion and positioning itself as a financial network for fintech, banks, and asset managers.