The Aave community has voted in favor of the 'Aave Will Win' proposal, a framework that consolidates economic rights under the AAVE token and redirects 100% of revenue from Aave-branded products back to the DAO. This shift means the DAO will now be responsible for funding Aave Labs' activities, with a $25 million stablecoin grant and 5,000 AAVE token allocation approved.
The proposal resolves a dispute that began when swap fees were redirected away from the community treasury, and marks a significant milestone in Aave's history. The community-run decision-making body, Aave DAO, will now have greater control over the protocol's revenue and direction. The proposal's passage is expected to have a significant impact on Aave's future, with plans to scale from $40 billion to $1 trillion and position Aave as a financial network that any fintech, bank, or asset manager can plug into.