The Aave community has voted in favor of the 'Aave Will Win' proposal, a landmark decision that marks a significant shift in the protocol's governance and revenue distribution. The proposal, deemed the most important in Aave's history, redirects 100% of revenue from all Aave-branded products back to the DAO, effectively 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, sparking a debate over who controls the protocol's most valuable assets.
The Aave DAO, a community-run decision-making body, will now be responsible for funding Aave Labs' activities, with a $25 million stablecoin grant and 5,000 AAVE token allocation approved. The proposal aims to make Aave fully token-centric, with a focus on supplementing protocol revenue with application-layer revenue from Aave Pro, Aave App, Horizon, and Aave Kit. The community has taken a hard line against 'value leakage,' ensuring that service providers build exclusively for Aave and prioritize token holders. With Aave holding approximately $25 billion in total value locked across multiple chains, the protocol is poised for significant growth, with a target of scaling from $40 billion to $1 trillion and positioning itself as a financial network for fintech, banks, and asset managers.