AAVE token holders have proposed a "poison pill" strategy to acquire Aave Labs, intensifying a dispute over revenue sharing. The proposal, put forward by a user named tulipking on the Aave governance forum, suggests that the Aave DAO should take control of Aave Labs' intellectual property and equity. This move is intended to ensure that all value generated by the Aave protocol benefits AAVE holders.
The proposal argues that Aave Labs has monetized the Aave brand and user base without the DAO's consent, effectively privatizing assets that should belong to the community. Tulipking's plan includes reclaiming past revenues generated by Aave Labs and transforming the company into a wholly owned subsidiary of the DAO. This proposal marks a significant escalation in the ongoing debate over the distribution of protocol revenue and control within the Aave community.
AAVE Token Holders Propose 'Poison Pill' Plan to Acquire Aave Labs
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