Aave Labs proposes a $50 million funding package for approval by tokenholders. The package includes stablecoin grants and 75,000 AAVE tokens, with revenue from Aave products going to the DAO treasury. This shift aims to consolidate protocol and product revenue while transitioning Aave Labs to a DAO-funded model.

Community members express concerns over the funding request, highlighting the need for clarity on revenue alignment, V4 ratification, and foundation creation. Issues around voting power tied to the 75,000 AAVE grant and disclosure of wallet holdings are also raised. The proposal is seen as a compromise that aligns value accrual with the DAO’s goals.

Aave Labs frames the proposal as a move towards a “token-centric” model to enhance funding for growth and initiatives. Founder Stani Kulechov emphasizes the importance of directing product revenue to the DAO to expand its capabilities. The proposal is viewed as a strategic step to consolidate revenue, ratify V4, and establish a new foundation structure.

The proposal follows a rejected governance vote on brand asset control and aligns with Aave’s broader strategy to expand beyond DeFi lending. The Temp Check vote measures community support before advancing to on-chain voting stages. The proposal aims to formalize revenue consolidation, V4 ratification, and foundation creation in a strategic pitch for future growth.

Read more at Cointelegraph: Aave Labs Seeks $50M Package in Revenue Shift Proposal