The Aave community has put an end to a months-long governance dispute with the approval of the 'Aave Will Win' proposal, a landmark decision that grants 100% of revenue from Aave-branded products to AAVE token holders. This move consolidates economic rights under a single asset, the AAVE token, and makes the DAO responsible for funding Aave Labs' activities. The proposal, deemed the most important in Aave's history by founder Stani Kulechov, has passed with a significant majority, paving the way for Aave to become a fully token-centric ecosystem.
The Aave DAO, a community-run decision-making body, will now oversee the allocation of funds, including a $25 million stablecoin grant and 5,000 AAVE token allocation to Aave Labs. The 'Aave Will Win' proposal aims to prevent 'value leakage' by ensuring that service providers build exclusively for Aave, with measurable goals and a governance process that reduces friction.
The approval of this proposal marks a significant shift in Aave's governance, cementing the community's control over the protocol's revenue and setting the stage for further growth and development. With Aave holding approximately $25 billion in total value locked across multiple chains, the protocol is poised to scale from $40 billion to $1 trillion, positioning itself as a financial network that can be integrated by fintech, banks, and asset managers.