Opinion: Aave Labs' new proposal is expected to be optimistic, but the process requires clear disclosure and transparency

According to Odaily, DeFi researcher Ignas posted on X that Aave Labs has put forward a new proposal suggesting that 100% of protocol revenue should go to the DAO, and that the Aave brand IP be granted to a new foundation.

Ignas believes that developers, business development, and marketing personnel should be richly rewarded. After Aave Labs cuts off its own revenue source, it should apply to the DAO for an annual budget, but the process requires clear disclosure and transparency.

He pointed out that there are still questions about who actually controls the new foundation. A recent proposal requiring the disclosure of voting addresses was rejected by some wallets with undisclosed identities. If Aave Labs wants to maintain control, they have an incentive to hold AAVE tokens.

Ignas hopes to see clear disclosure and to ensure that the 75,000 AAVE tokens granted will not be used for voting. He also thinks that the plan to migrate from v3 to v4 within 8 to 12 months is too fast, but overall feels optimistic about the proposal.

Related information: "Aave Labs: Proposes 'Aave Will Win' plan, sending 100% of product revenue to DAO"