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Aave hits breaking point as DAO and Labs clash over control

A debate over in-platform swaps has expanded into questions over who “owns” Aave, DeFi’s biggest app: Aave Labs or a DAO of tokenholders?

Aave Labs faces backlash over CoW Swap integration

An Aave Labs integration of CoW Swap promising better prices and MEV protection has sparked a debate over whether fees belong to the DAO.

Aave is making moves to boost revenue and limit risks, offboarding Sky’s USDS and closing down v3 instances on three chains.

The DeFi community has voiced concerns around who and what is covered by Aave’s million-dollar “Balance Protection” for app users.

Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE.