Aave DAO approves $25 million funding to Aave Labs through the first binding proposal

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ME News Report, April 13 (UTC+8), Aave DAO approved the first binding proposal under the “Aave Will Win” framework with approximately 75% support, authorizing a $25 million stablecoin grant and 75k AAVE tokens (linear release over 48 months) to Aave Labs, with funds to be disbursed in stages. The core of this framework is that the DAO funds the development of Aave Labs products and consolidates revenue related to the Aave brand into the DAO treasury, with subsequent product and growth incentives to be advanced through separate proposals. (Source: MLion)

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