‼️ Aave is preparing for an important vote
🪁 The token of the largest DeFi lending protocol AAVE has lost nearly 20% of its value over the week, as investors are concerned about the possible outcomes of the vote to transfer rights to trademarks, domains, and social media accounts from Aave Labs to the DAO.
✅ The vote in Snapshot is scheduled to take place from December 22 to December 26.
Its outcome will determine not only who will control the intellectual property rights but also the ability of the DAO to effectively manage a multi-billion dollar software business, which has been the focus of Aave Labs all along.
AAVE
148.14
-1.75%