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🔥Aave DAO funds $25 million to Aave Labs through the "Aave Will Win" framework's first proposal
On April 13, Aave DAO approved the first substantial funding request within the "Aave Will Win" framework with approximately 75% support. The proposal allocates $25 million in stablecoins to Aave Labs and distributes 75,000 AAVE tokens (worth about $6.8 million) from the ecosystem reserve, linearly vested over 48 months. The framework aims to address long-term disputes between Aave Labs and the DAO, with the core idea that all revenue from brand products developed by Aave Labs will go to the DAO treasury in exchange for the DAO...
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