AaveDAO approved funding for Aave Labs that includes $25 million in stablecoins and 75,000 AAVE. Aave Labs said the grant is part of the "Aave Will Win" framework, which routes 100% of revenue from Aave-related services to the community treasury. Aave Labs added that broader ecosystem growth and development grants will be handled in separate governance proposals.
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AaveDAO approves $25M grant and 75K AAVE for Aave Labs
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