*Aave Governance in Turmoil: $10M Revenue Dispute Rocks DeFi Lender*

Aave's community governance and Aave Labs are at odds over a revenue-sharing dispute, sparking concerns about decentralization and financial transparency.

The conflict centers on Aave Labs' integration of CoW Swap, replacing ParaSwap and diverting referral fees previously earned by the Aave DAO treasury. This move has allegedly cost the treasury $200,000 weekly, or $10 million annually.

"Aave Labs' actions are a stealth privatization of brand assets," says Marc Zeller, Aave Chan Initiative founder. "The DAO governs the protocol, not Aave Labs."

This dispute highlights DeFi's governance challenges and raises questions about revenue distribution and decision-making processes.

#DeFi #Aave #Crypto #Binance #GovernanceDispute $BTC $ETH $BNB