Aave Token priceAAVE

Aave is the leading decentralized, non-custodial liquidity protocol, enabling users to lend and borrow crypto assets across multiple blockchain networks, including Ethereum, Avalanche, and Arbitrum. Rather than relying on traditional financial intermediaries, Aave operates entirely through smart contracts, allowing users to access credit markets directly onchain. At its core, Aave functions as an automated money market. Lenders earn yield by supplying assets to the protocol, while borrowers access liquidity by posting collateral, all governed by transparent and algorithmic rules embedded in Aave’s smart contracts.

Aave is the leading decentralized, non-custodial liquidity protocol, enabling users to lend and borrow crypto assets across multiple blockchain networks, including Ethereum, Avalanche, and Arbitrum. Rather than relying on traditional financial intermediaries, Aave operates entirely through smart contracts, allowing users to access credit markets directly onchain. At its core, Aave functions as an automated money market. Lenders earn yield by supplying assets to the protocol, while borrowers access liquidity by posting collateral, all governed by transparent and algorithmic rules embedded in Aave’s smart contracts.

Aave is the leading decentralized, non-custodial liquidity protocol, enabling users to lend and borrow crypto assets across multiple blockchain networks, including Ethereum, Avalanche, and Arbitrum. Rather than relying on traditional financial intermediaries, Aave operates entirely through smart contracts, allowing users to access credit markets directly onchain. At its core, Aave functions as an automated money market. Lenders earn yield by supplying assets to the protocol, while borrowers access liquidity by posting collateral, all governed by transparent and algorithmic rules embedded in Aave’s smart contracts.

Wintermute CEO Evgeny Gaevoy said he will vote against the AAVE ARFC ‘Brand Asset Control Transfer to Holders’ proposal, citing insufficient specificity around governance of the frontend, brand ownership, profitability, and operational framework. He stressed that the model must clearly define who controls the brand assets and how revenue is captured, noting this is central to token value capture and long-run alignment in AAVE governance. Gaevoy added that the debate highlights friction between the community and the project’s governance arms over revenue distribution and brand rights. The Snapshot vote on the proposal—covering ownership of domain, social accounts, naming rights, and related IP—remains open through December 26, with the DAO granted oversight of these assets. Wintermute has been an active participant in AAVE governance since 2022, and Gaevoy hopes the episode will push a credible framework for DAO governance and token value capture that may guide other tokens.