Express
Aave Labs Plans to Distribute Non-Protocol Revenue to Token Holders and Submit Governance Proposal on IP and Brand Structure
Summary: Aave Labs announced that, in response to recent community discussions, the team plans to propose a specific mechanism in the upcoming governance proposal to share revenue generated outside the protocol with AAVE token holders to enhance long-term alignment between application layer products, the protocol, and the token. Aave Labs stated that building and charging fees ...
Aave Labs announced that, in response to recent community discussions, the team plans to propose a specific mechanism in the upcoming governance proposal to share revenue generated outside the protocol with AAVE token holders to enhance long-term alignment between application layer products, the protocol, and the token. Aave Labs stated that building and charging fees for applications based on Aave will not weaken the protocol's profitability, but instead help expand protocol usage and overall revenue. The proposal will also cover brand and intellectual property (IP) usage structures, and establish robust DAO governance safeguards to protect the interests of Aave DAO and token holders. The team emphasized their goal of driving the mutual growth of the Aave protocol and AAVE token, with specific implementation plans for the governance proposal to be announced soon.
Tags:
Link: Aave Labs Plans to Distribute Non-Protocol Revenue to Token Holders and Submit Governance Proposal on IP and Brand Structure [Copy]
