Aave Founder Responds to Governance Vote With New Strategy

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Aave founder and CEO Stani Kulechov has outlined a broader strategic vision for the protocol following a contentious governance vote that rejected a proposal to transfer control of Aave’s brand assets and intellectual property to its decentralized autonomous organization (DAO).

The failed vote has prompted renewed debate within the Aave community over the protocol’s long-term direction and governance structure, an issue Kulechov addressed directly.

In a post published Friday on the Aave governance forum, Kulechov argued that the protocol must…



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Aave Founder Responds to Governance Vote With New Strategy


Aave founder and CEO Stani Kulechov has outlined a broader strategic vision for the protocol following a contentious governance vote that rejected a proposal to transfer control of Aave’s brand assets and intellectual property to its decentralized autonomous organization (DAO).

The failed vote has prompted renewed debate within the Aave community over the protocol’s long-term direction and governance structure, an issue Kulechov addressed directly.

In a post published Friday on the Aave governance forum, Kulechov argued that the protocol must…



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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