The on-chain proposal "Aave Will Win" has been approved, authorizing a $25 million funding grant to Labs.

CoinNetwork · 2026-04-13T03:17:41+00:00

Aave DAO recently passed a proposal with approximately 75% approval, providing $25 million in stablecoins and 75k AAVE tokens to Aave Labs. The proposal is considered an important step in Aave's history, and the Aave founder stated that they will oppose service providers locking tokens that harm the interests of token holders.

CoinNetwork

2026-04-13 03:17:41

Abstract generation in progress

CryptoWorld News reports that, according to The Block, Aave DAO approved an on-chain proposal on Sunday to fund the first part of the “Aave Will Win” framework, with approximately 75% approval votes. The proposal allocates $25 million in stablecoins and 75k AAVE tokens (about $6.8 million) to Aave Labs. The stablecoin portion includes an immediate issuance of 5 million aEthLidoGHO, 5 million issued in batches over six months, and 15 million issued in batches over 12 months. The AAVE portion will be linearly released over 48 months. The Aave Chan Initiative cast the largest opposition vote, totaling 166.2k AAVE. Aave founder Stani Kulechov stated that this proposal is “the most important proposal in Aave history,” and that the DAO will oppose any service provider lockups that come at the expense of token holders’ interests, adding that “the era of paying for governance proposals is over.”

AAVE4,73%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.