Overview
- The Aave DAO, which closed its vote Sunday with roughly 75% support (522,780 AAVE for and 175,310 against), approved a $25 million stablecoin grant and 75,000 AAVE for Aave Labs.
- Under the new framework, revenue from Aave-branded apps including aave.com swaps, Aave Pro, Aave App, Horizon, and Aave Kit will route 100% to the DAO treasury.
- Funding starts streaming to an Aave Labs-controlled address Monday afternoon, with $5 million available immediately in aEthLidoGHO, $5 million streamed over six months, and $15 million over 12 months, while 75,000 AAVE vest across 48 months.
- The vote also ratifies Aave V4 as the protocol’s technical base, adding an idle-capital reinvestment feature and new “Spokes” to broaden collateral options and support demand.
- Governance strains remain as the Aave Chan Initiative led the opposition with 166,200 AAVE and plans to scale back or exit its role, and contributors like BGD Labs and Chaos Labs have recently stepped away.