Aave DAO Grants 25M in Stablecoins to Aave Labs in Governance Vote
Cointelegraph
Aave DAO approved a $25 million funding grant and 75,000 AAVE tokens for Aave Labs to accelerate protocol growth under the new framework.Summary
The Aave DAO has passed the “Aave Will Win” proposal, granting $25 million in stablecoins and 75,000 AAVE tokens to Aave Labs. The funding will be distributed in installments and via a four-year linear vesting schedule for tokens. This initiative aims to streamline Aave Labs' operations and transition to a DAO-funded model where product revenue flows directly into the treasury. Despite some community friction regarding governance and the size of the package, the proposal passed with nearly 75% approval, marking a significant strategic shift for the decentralized finance protocol.
(Source：Cointelegraph)