What’s happening around @aave right now is way bigger than a governance dispute or a single integration.



This is DeFi confronting its hardest, most uncomfortable question in public:

Who actually owns a protocol?

• The DAO that governs contracts?
• The team that builds and maintains the frontend?
• Or the entity that owns the brand, domains, and distribution?

The CoWSwap fee drama was just the spark.

The fire is years of unresolved tension between token ownership vs real-world control.

Yes, proposals feel rushed.
Yes, timing during holidays is terrible.
Yes, governance process could’ve been cleaner.

But these “CT wars” are how the industry grows up.
They force clarity on:

– DAO rights vs private companies
– Frontend revenue vs protocol revenue
– Brand/IP ownership in decentralized systems

Messy debates today → better frameworks tomorrow.

Whatever the outcome, this moment will be referenced for years when future DAOs ask:
“Are we actually decentralized… or just governance theater?”

Net positive for DeFi, even if it’s uncomfortable right now.
AAVE-1.27%
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