BREAKING: Surprise Altcoin Offers to Transfer All Its Revenue to the Project – Positive Price Reaction Seen

A fresh governing plan filed with the administration of The Aave DAO said in a new proposal for governance, Aarve Labs proposed that all revenue from the products produced by this protocol should be transferred to the DAA treasury.

This plan also called for $25 million in exchange for stablecoins and 75,000 $AAVE tokens, as well the creation of a trust structure to hold the commercial rights on Aave brand.

This plan proposes that 100% of revenue generated from all products developed under the Aave brand will be transferred directly to the treasury at Aarve DAO. According to , this is a step designed to support continued development of the protocol and strengthen the financial position of DAO.

Aave Labs requested $25 million in the donation of stablecoins and 75,000 $AAVE tokens from the DAO for its operational and strategic growth goals. They will be used for development activities and ecosystem expansion through these funds, including .

This proposal also proposed the creation of an independent foundation to protect the trademark rights of Aave brand. This system, which seeks to ensure long-term protection and strategic use of the brand.

*This is not investment advice.

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