Aave Founder Responds to Governance Vote With New Strategy
Aave founder Stani Kulechov proposed a broader strategy focusing on RWAs and consumer products after a governance vote failed to transfer brand IP control to the DAO.Summary
Following a contentious governance vote that rejected transferring control of Aave's brand assets and intellectual property to its DAO, founder Stani Kulechov outlined a broader strategic vision for the protocol. Kulechov argued that Aave must evolve beyond core DeFi lending to pursue opportunities in real-world assets (RWAs), institutional lending, and consumer-facing products, noting that DeFi's growth is uncertain without wider market expansion. Crucially, Aave Labs plans to distribute non-protocol revenue to AAVE tokenholders and will introduce a new governance proposal regarding IP ownership following community pushback. The recent dispute centered on who should control fees generated by swaps routed through services like CoW Swap—the Aave DAO or Aave Labs developers. Kulechov also denied claims that his recent $15 million AAVE token purchase was an attempt to influence the vote, stating it reflected his personal conviction.
(Source：Cointelegraph)