BlockBeats News, February 13th, Aave DAO governance has made a phased advancement. Under continuous community pressure, Aave Labs has committed to fully allocate branded product revenue to the DAO and has confirmed V4 as the unified technical base while establishing an independent foundation.
Aave DAO proxy platform Aave Chan Initiative (ACI) founder Marczeller stated that there are still risks at the new proposal execution level: revenue deductions are unilaterally decided by Aave Labs with no independent audit; a one-time request for $50.7 million (31.5% of the treasury) and bundling of V4 confirmation with V3 freeze for development; transferring 75,000 AAVE or diluting 13.6% of governance power. It is suggested to split the vote, first establish a truly independent foundation, mandate wallet disclosure, introduce third-party audits to ensure the commitment is truly executable and fair to all holders. This is a demonstration of governance effectiveness and also requires more rigorous implementation.
DeFi researcher Ignas stated that although Aave Labs has been criticized for the risk of value loss in the DAO, they have now made concessions, which AAVE holders should appreciate. However, there are still some questions regarding who truly controls the management of the Aave branded foundation, hoping to clearly disclose that the allocated 75,000 AAVE tokens will not be used for voting. The proposal timetable for migrating from V3 to V4 is 8 to 12 months, and users usually want to see it pass stress tests before transferring funds to the new version. Overall, I am optimistic about this.
Relayer Capital founder Austin Barack stated that the uncertainty of the AAVE token's value percentage has disappeared, and once investors regain rationality, they should see a price increase.
