Aave Labs Proposes Foundation to Bring Brand and IP Under DAO Oversight
- —Foundation to be incorporated in the Cayman Islands with independent officers
- —Trademark, domain and codebase transfers need separate DAO votes
- —Plan is split into phases, starting with the legal entity
Why it matters: Moving the brand and IP under DAO control reduces Aave's reliance on Aave Labs and reshapes governance for the largest DeFi protocol.
Source: The Defiant