Today4h ago
Project update
Aave DAO has approved a $25M funding for Aave Labs
Aave DAO has passed the proposal to fund Aave Labs with $25M in stablecoins and 75,000 AAVE. The package shifts Aave Labs toward a DAO-funded model, while revenue from Aave products is intended to flow to DAO treasury.
The vote passed with nearly 75% support, marking a major governance decision for the protocol.
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