Aave DAO has approved its first binding proposal under the "Aave Will Win" framework, with approximately 75% support. The proposal grants Aave Labs $25 million in stablecoins and 75,000 AAVE tokens, to be released linearly over 48 months. Funding will be distributed in phases. The framework aims to support Aave Labs' product development with DAO funding, consolidating Aave brand-related revenue into the DAO treasury. Future products and growth incentives will be addressed through separate proposals.
Aave DAO Approves $25M Funding for Aave Labs Under New Framework
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