Foresight News reports that Aave Labs has released a “Aave Will Win Framework” temperature check proposal. The proposal includes requiring the Aave DAO to approve Aave V4 as the core technological foundation for the protocol’s future development, and also suggests directly injecting all revenue from Aave branded products into the DAO treasury to establish a strategic growth and development fund framework. Additionally, it contains solutions to protect the Aave brand.
Aave Labs will relinquish all income from future business lines such as Aave V3, V4 protocols, frontend, Aave Card, and AAVE ETF. In exchange, it requests the DAO to commit to providing $25 million in stablecoins and 75,000 AAVE tokens to cover operational expenses, along with five grants of $3 million each for the development and marketing of Aave App, Aave Pro, and Aave Card, as well as $2.5 million for Aave Kit.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether launches a new on-chain gold measurement unit, Scudo, which is equivalent to one-thousandth of an ounce.
Tether Gold introduces a new unit of measurement, Scudo, with 1 Scudo equal to 1/1000 XAUT, aiming to enhance the convenience of on-chain gold trading and provide users with a more practical way to make small transactions. This move will increase the daily usability of gold digital assets.
GateNewsBot52m ago
The UAE Central Bank approves the Dirham stablecoin DDSC! Middle East's first machine-to-machine payment goes live
The Central Bank of the United Arab Emirates has approved Abu Dhabi First Bank's UAE Dirham stablecoin DDSC, which is now live on the Layer 2 blockchain ADI Chain. DDSC will be used for payments and collections, settlement, fund operations, trade supply chain flows for institutional and government entities, as well as providing programmable financial services for regulated entities.
MarketWhisper1h ago
Going to fry some French fries? Cardano founder appears at the summit wearing a McDonald's uniform, teasing a new project launching in March
Cardano founder Charles Hoskinson wore a McDonald's uniform at the summit, humorously responding to the bearish sentiment in the crypto space. He announced a partnership with LayerZero to introduce the USDCx stablecoin and previewed that the privacy sidechain Midnight will go live by the end of March, focusing on the mainstream market rather than competing with privacy coins, and dedicated to providing more flexible privacy options.
CryptoCity1h ago
The era of Ethereum brushing Visa has arrived! EIL ends the nightmare of cross-chain authorization
The Ethereum Foundation account and the Chain Abstraction Team have launched the Ethereum Interoperability Layer (EIL), a multi-chain interoperability framework based on the ERC-4337 account abstraction standard. It addresses the three major pain points of cross-chain interactions: repeated authorization, Gas fee shortages, and long wait times. Using Merkle tree technology, it enables single-signature multi-chain execution. XLP cross-chain liquidity providers can stake 1 ETH and be subject to permissionless confiscation.
MarketWhisper1h ago
Extended announces the launch of US stock perpetual contract trading
Perp DEX Extended announces the launch of the first six stock perpetual contract trading pairs, including Google, Nvidia, AMD, Tesla, Strategy, and Amazon. The project aims to address the liquidity issues of stock perpetual contracts and plans to expand further.
GateNewsBot1h ago
Hibachi plans to launch a stablecoin settlement forex trading platform on Arc
The decentralized perpetual contract trading protocol Hibachi plans to launch a stablecoin settlement forex trading platform on Arc. The platform will enable instant settlement, offer tight bid-ask spreads, and provide deep liquidity. Hibachi has received support from Arc Builders Fund, a subsidiary of Circle Ventures.
GateNewsBot1h ago
