Aave Labs seeks $50M grant to redirect product revenue to DAO

Aave Labs, the core development team behind the Aave decentralized finance protocol, has submitted a proposal to the Aave governance community requesting a $50 million grant. The multi-year funding request is intended to support the continued development and research of the protocol as part of the ‘Aave 2030’ roadmap. A key component of this proposal is the strategic shift in revenue distribution; Aave Labs plans to redirect all future revenue generated from its products and protocol fees directly to the Aave DAO treasury. By securing this upfront grant, the development entity aims to ensure operational stability while empowering the DAO with a sustainable and direct income stream. If approved, the funding will likely be disbursed in a mix of stablecoins and AAVE tokens, marking a significant step toward the protocol’s long-term decentralization and financial alignment with its token holders.

Source: Aave Labs seeks $50M grant to redirect product revenue to DAO