US EditionAave Drops as Community Debates over Who Controls the Brand
12 Articles
12 Articles
The AAVE token drops by more than 14% after the revelation of a hijacking of income related to the frontend, now perceived by Aave Labs without formal validation of the DAO. Aave Labs claims that the DAO only has the onchain protocol, while the brand, site and infrastructure would remain its property, triggering a major ideological divide. Radical proposals for brand capture and IP explode governance and set a historical precedent on the real ow…
Aave, a pillar of the DeFi, is vacillating under the weight of a controversial decision. Far from the technical debates on performance or innovations in smart contracts, it is governance that crystallizes tensions. A hasty vote on the transfer of brand assets from the protocol to the DAO was launched without consensus, causing a strong reaction within the community. Between accusations of passage in force and criticism of the transparency of the…
Aave Faces DAO Backlash as Brand Asset Vote Sparks ‘Hostile Takeover’ Claims
What Is the Proposal—and Why Did It Escalate? A governance dispute erupted inside the Aave DAO after a proposal on ownership of the protocol’s brand assets was moved to a Snapshot vote while discussion was still underway. The proposal asks whether AAVE token holders should regain direct control of assets such as domains, social media accounts, naming rights, repositories, and other intellectual property through a DAO-controlled legal structure. …
Aave Governance Vote Draws Backlash Over Snapshot Escalation - Invest In Crypto News
A governance vote at decentralized finance (DeFi) lending protocol Aave sparked a backlash from key stakeholders after a proposal on ownership of Aave’s brand assets was escalated to a Snapshot vote amid unresolved discussion. The proposal asks the community whether Aave (AAVE) token holders should regain control over the protocol’s brand assets, including domains, social handles, naming rights and other intellectual property through a DAO-cont…
Aave Labs Faces Community Uproar After Governance Vote
TLDR Aave Labs submitted a governance proposal to vote without notifying its author, triggering criticism from DAO members. Ernesto Boado publicly disavowed the proposal, stating it was submitted using his name without consent. The proposal seeks DAO control over Aave’s brand assets, including domains, GitHub, and social media accounts. Community concerns grew after recent revenue decisions, including fee redirection and low-return incentive pr…
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