Aave Governance Vote Draws Backlash Over Snapshot Escalation

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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-controlled legal vehicle. 

Aave founder Stani Kulechov said the community was interested in a decision,…



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Aave Governance Vote Draws Backlash Over Snapshot Escalation


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-controlled legal vehicle. 

Aave founder Stani Kulechov said the community was interested in a decision,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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