Aave Labs has proposed the creation of an IP Foundation, a Cayman Islands entity designed to place the Aave brand under direct DAO oversight. The structure would grant tokenholders the authority to replace foundation directors, increasing community governance over protocol intellectual property. The proposal outlines a phased implementation, with Phase 1 focused solely on establishing the foundation's legal and operational framework. Any actual transfer of intellectual property assets to the new entity would require separate future votes by tokenholders, ensuring community approval at each stage of the transition.