Aave Community's New Proposal Suggests Aave DAO Retribute a Total of $16.28 Million in Retroactive Funding to Aave Companies

The Aave community has launched a vote on a new proposal to suggest that the Aave DAO retribute a total of $16.28M in retroactive funding to Aave Companies for development of Aave Protocol V3. This total includes $15M for work performed directly by the team over the course of more than one year and $1.28M for costs paid to third-party audit services.
Source

Aave

DAO

Governance

DeFi

In This Article

Related News
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Aave founder confirms new token will not be created, citing DAO consensus on Horizon proposal Aave founder confirms new token will not be created, citing DAO consensus on Horizon proposal
ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network
GnosisDAO votes to invest further $4.8 million to fund HOPR's in-house development of private, uncensorable VPN GnosisDAO votes to invest further $4.8 million to fund HOPR's in-house development of private, uncensorable VPN
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Latest News More More
15 Hours Ago Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
1 Day Ago Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling
2 Days Ago Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
2 Days Ago Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million
April 29 Circle secures in-principle approval to operate as money services provider in Abu Dhabi
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open