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Aave Governance Vote Nears Amid $86M Capital Review

Cointelegraph
Aave governance is split as ACI and Aave Labs publish conflicting reports on historical funding ahead of a $50M funding vote.

Summary

A significant governance dispute has erupted within the Aave ecosystem as the Aave Chan Initiative (ACI) and Aave Labs published contrasting reports regarding Aave Labs' historical funding and contributions. This conflict precedes a crucial vote on the “Aave Will Win” framework, which proposes up to $42.5 million in stablecoins and 75,000 AAVE tokens for Aave Labs. In exchange, Aave Labs would route 100% of revenue from Aave-branded products to the Aave DAO treasury under a new DAO-funded operating model, while also seeking ratification for Aave V4.

ACI founder Marc Zeller's report claimed Aave Labs has received approximately $86 million in lifetime capitalization and argued that future grants must be tied to measurable revenue impact and clearer disclosure. Conversely, Aave Labs detailed its foundational role in developing Aave V1, V2, and V3, arguing that development, security, and infrastructure work is not fully captured by simple metrics. The debate also touches upon accountability standards and follows the news that core contributor BGD Labs will conclude its involvement with the DAO.

The vote seeks to transition Aave Labs to the DAO-funded model and establish a new foundation for the Aave brand. Concerns remain within the community regarding the size of the funding package and the inclusion of AAVE tokens that carry voting power.

(Source:Cointelegraph)