"Annual Revenue Loss of Tens of Millions Sparks Governance Dispute, Aave Labs Accused of 'Backstabbing' DAO" (Author Ignas; Translated by PANews) This article focuses on the controversy over fee attribution caused by Aave Labs switching the default front-end exchange from ParaSwap to CoWSwap, analyzing the disagreements between Aave Labs and Aave DAO regarding protocol governance and value distribution. DAO members pointed out that the related fees no longer enter the DAO treasury, potentially resulting in an annual revenue loss of tens of millions of dollars; Aave Labs emphasized that front-end, treasury, and other products are independent of the protocol and have autonomous profit rights. The article further combines cases such as Horizon, MegaETH deployment, and Aave Vaults to indicate that as Aave v4 introduces more abstraction layers and user experience controls, protocol value may be realized outside of direct DAO control, making governance and incentive alignment issues the core of the dispute. Read the full article:
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
"Annual Revenue Loss of Tens of Millions Sparks Governance Dispute, Aave Labs Accused of 'Backstabbing' DAO" (Author Ignas; Translated by PANews) This article focuses on the controversy over fee attribution caused by Aave Labs switching the default front-end exchange from ParaSwap to CoWSwap, analyzing the disagreements between Aave Labs and Aave DAO regarding protocol governance and value distribution. DAO members pointed out that the related fees no longer enter the DAO treasury, potentially resulting in an annual revenue loss of tens of millions of dollars; Aave Labs emphasized that front-end, treasury, and other products are independent of the protocol and have autonomous profit rights. The article further combines cases such as Horizon, MegaETH deployment, and Aave Vaults to indicate that as Aave v4 introduces more abstraction layers and user experience controls, protocol value may be realized outside of direct DAO control, making governance and incentive alignment issues the core of the dispute. Read the full article: