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Ethereum & DeFi

Aave Labs seeks $50M grant to redirect product revenue to DAO

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Aave Labs seeks $50M grant to redirect product revenue to DAO

Aave Labs has proposed a $50 million grant aimed at redirecting product revenue to its decentralized autonomous organization (DAO). However, some community members have raised concerns about the substantial amount and the potential for the grant to concentrate voting power among a few token holders.

Read the full story at CoinTelegraph →


Source: CoinTelegraph · Report an issue

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