Aave Price Jumps Amid Revenue Sharing Plans With Token Holders

Aave is preparing a major governance vote on a proposal to share revenue generated outside its core lending protocol with AAVE token holders, which immediately boosted the token's price by over 10%. This off-protocol revenue stems from the official Aave app, front-end swap integrations, and future consumer or institutional products. The proposal, initiated by Aave Labs founder, will also establish safeguards for the Aave DAO and define control over the Aave brand, including websites and social media. This move aims to address recent internal disagreements where delegates accused Aave Labs of excessive control over revenue sources, which had contributed to a market value drop for AAVE. The DAO's approval of this framework is crucial for resetting governance alignment and supporting Aave's long-term strategy, which involves expanding into real-world assets and institutional use cases, potentially leveraging Aave V4 and the GHO stablecoin.

(Source：BeInCrypto)