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XRP $1.41 -4.74%
SOL $81.68 -3.74%
TRX $0.2799 -0.68%
DOGE $0.0976 -3.31%
ADA $0.2742 -2.69%
BCH $555.82 -1.79%
LINK $8.64 -2.31%
HYPE $28.57 -2.60%
AAVE $123.16 -2.69%
SUI $0.9327 -3.82%
XLM $0.1601 -3.90%
ZEC $260.02 -11.04%

dao

Aave Labs proposal transfers 100% of protocol revenue to the DAO in exchange for operational funds

According to The Block, Aave Labs has proposed a framework proposal to transfer 100% of the revenue from all Aave brand products to the Aave DAO treasury, and to transfer the related trademarks and intellectual property to the newly established Aave Foundation, while requesting funding support from the DAO for its operations.According to the proposal, Aave Labs will forgo all revenue from future business lines such as Aave v3, v4 protocols, aave.com frontend revenue, Aave Card, and AAVE ETF. In exchange, it requests the DAO to commit to providing $25 million in stablecoins and 75,000 AAVE to cover operational expenses, as well as applying for five grants of $3 million each for the development and marketing of Aave App, Aave Pro, and Aave Card, along with $2.5 million for Aave Kit.Aave Labs stated that the v4 architecture will enable revenue models that were difficult to achieve in previous versions, planning to gradually adjust v3 parameters to guide migration 8-12 months after the v4 launch. The proposal also requests the DAO to coordinate with Labs on v4 development and to postpone the development of new features for v3.Marc Zeller, founder of the Aave Chan Initiative, expressed opposition to this. Zeller described it as a "disguised attempt at cashing out under the guise of goodwill," claiming that Labs is trying to use a radical proposal as leverage in negotiations, "attempting to impose outcomes regardless of the governance process." He estimates that Labs' actual funding request is around $50 million and questions its governance legitimacy.

Vitalik: The incentive effect of creator tokens is limited, and the core issue is insufficient quality content filtering

Vitalik Buterin posted on the X platform discussing the design ideas of creator coins, pointing out that the overall effectiveness of the crypto industry in the content incentive field has been limited over the past decade. The core issue is not a lack of content supply, but rather an insufficient mechanism for filtering and discovering high-quality content. In the current context where AI can generate a large amount of content at a low cost, the industry's goal should shift from "incentivizing more content" to "identifying and amplifying high-quality content."Vitalik believes that Substack is a relatively successful case of creator incentives, with the key being the platform's active selection and support of quality creators, rather than relying solely on mechanism design. He points out that existing creator coin projects generally have a structural issue of "high social influence users dominating the rankings," which does not truly reflect content quality.On the proposal level, Vitalik suggests establishing a non-tokenized creator DAO, where members vote to select creators and maintain clear content positioning and scale control to build a stable brand and commercial bargaining power. At the same time, creators should be allowed to issue personal tokens; if they join the creator DAO, the DAO's earnings can be used to buy back and destroy the creator tokens, transforming the role of speculators into "high-quality creator predictors," thereby reducing pure speculative cycles and improving the efficiency of high-quality content filtering.Vitalik stated that future effective governance mechanisms may increasingly combine prediction markets and multi-party governance structures to enhance the system's resistance to manipulation and goal consistency.
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