Search results for Aave DAO
Crypto
Curve Finance founder says internal DAO conflicts are a healthy sign
Curve Finance founder Michael Egorov said conflict within decentralised autonomous organisations can be a healthy signal, Cointelegraph reported on Feb. 22. He said DAOs are a new form of organisation created by humans and that internal disputes are a natural process. Curve DAO passed a proposal to grant $6.3 million to Swiss Stake AG with more than 80 percent participation, an unusually high turnout. Aave DAO also recently faced internal conflict over Cow Swap integration fees.
Crypto
BGD Labs ends ties with Aave DAO, opposes shift of control to Aave Labs
BGD Labs, a core technical contributor to the decentralised finance protocol Aave, will halt its participation in Aave DAO when its current service contract ends on April 1, The Block reported on Thursday. Founded in early 2022, BGD Labs has handled Aave’s core infrastructure for about 4 years. It will continue work through the contract end and publish documentation and maintenance guidelines. The firm cited expanding influence by Aave Labs.
Crypto
Aave Labs proposes transferring 100 percent of protocol revenue to Aave DAO
Aave Labs has proposed returning all revenue generated by the protocol to the Aave DAO. The plan covers swap fees from Aave v3 and a future v4, revenue from aave.com, and income from Aave-branded products such as the Aave Card and an AAVE ETF, shifting it to the DAO treasury. The proposal also includes setting up a new Aave Foundation to manage trademarks and intellectual property. The dispute centres on the operating budget Aave Labs requested.
