Aave is preparing for an important governance vote to formally approve a proposal to share off-protocol revenue with AAVE token holders. The plan, announced on January 2, 2025, will allocate income from official applications, front-end trading, and future products, and includes safeguards for the decentralized autonomous organization (DAO). The proposal also involves control over the Aave brand and outlines a strategic shift towards real-world assets and institutional use cases. The news boosted market sentiment, and the price of AAVE rose by over 10% on the same day.
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Aave is preparing for an important governance vote to formally approve a proposal to share off-protocol revenue with AAVE token holders. The plan, announced on January 2, 2025, will allocate income from official applications, front-end trading, and future products, and includes safeguards for the decentralized autonomous organization (DAO). The proposal also involves control over the Aave brand and outlines a strategic shift towards real-world assets and institutional use cases. The news boosted market sentiment, and the price of AAVE rose by over 10% on the same day.