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 resolves 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, establishes a token-centric model, where the AAVE token is the central asset. 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 Aave DAO, a community-run decision-making body, will oversee the protocol's upgrades, fees, and treasury use. The 'Aave Will Win' proposal aims to prevent 'value leakage' by ensuring service providers build exclusively for Aave, with measurable goals and governance process improvements. The proposal's passage marks a significant shift in Aave's governance, with the community taking control over the protocol's revenue and direction. Aave's founder, Stani Kulechov, has stated that the goal is to scale the protocol from $40 billion to $1 trillion, positioning Aave as a financial network that can be integrated into various fintech, banking, and asset management platforms.