Aave DAO approves $25 million Aave Labs funding grant in binding ‘Aave Will Win’ vote
The Block
The Aave DAO approved a $25 million funding grant and 75,000 AAVE tokens for Aave Labs under the “Aave Will Win” framework.Summary
The Aave DAO has officially passed a binding vote to provide Aave Labs with a $25 million stablecoin grant and 75,000 AAVE tokens. This funding is part of the “Aave Will Win” framework, a strategic initiative proposed by founder Stani Kulechov to enhance Aave’s ecosystem through new consumer products and fintech integrations. The proposal passed with approximately 75% support despite recent governance tensions and the departure of key service providers like BGD Labs and Chaos Labs.
(Source：The Block)