Bitcoin24h $64,457.58+0.98%

Ethereum24h $1,671.80-0.10%

BNB24h $611.19+1.09%

XRP24h $1.14-0.13%

Solana24h $68.06+0.94%

TRON24h $0.3178+0.51%

Hyperliquid24h $60.90+4.95%

Dogecoin24h $0.0871-0.20%

UNUS SED LEO24h $9.73+1.71%

Zcash24h $423.36+3.38%

Is Aave Labs’ proposal ‘extractive’? DAO debate heats up

Aave Labs’ latest proposal looks to be a step in the right direction after two months of debate. But the sums requested are considerable.

Aave brand dispute rumbles on as founder buys £22M London property

The DAO vs Labs brand ownership debate is still to be settled. Meanwhile, founder Stani Kulechov spent $30M on a new London mansion.

The author of a proposal on Aave DAO’s ownership of brand assets branded Aave Lab’s unilateral initiation of the vote “disgraceful.”

The Aave DAO seeks to take control of “brand assets” from Aave Labs, and the result will have a “long-lasting impact on DAOs in general.”

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?