Aave proposal would put protocol IP under DAO control

CryptoVideos brief
Built from 2 sources 3 Oct 2026 · 07:21 UTC 1 min read Main editor: Earl Jacobson

AAVE climbed 8% on Friday after Aave Labs released a governance proposal. The proposal would create a memberless Cayman Islands foundation to hold the Aave trademark, related trademarks and protocol intellectual property. Aave founder Stani Kulechov said the goal is to hand Aave IP to the DAO and unify assets under one token, AAVE, as part of the Aave Will Win framework. AAVE reached an intraday high of $187.50. A permanent token burn is under discussion. The proposal still needs to go through Aave governance.

Key points

AAVE climbed 8% on Friday and reached an intraday high of $187.50.
Aave Labs released a governance proposal to create a memberless Cayman Islands foundation.
The foundation would hold the Aave trademark, related trademarks and protocol intellectual property.
Stani Kulechov said the plan would hand Aave IP to the DAO and unify assets under AAVE.
Kulechov said a permanent token burn is under discussion.

Why it matters

The plan would put Aave's trademark and protocol intellectual property under DAO control. The proposal still needs to go through Aave governance before any entity or transfer is created.

What's unclear

No decision or timeline was given for the permanent AAVE token burn, which Kulechov said is under discussion.

Whether the foundation proposal will be approved remains unknown, it still needs to go through Aave governance.

Price context · AAVE

At publication

$179.71

Now

$155.53

Change since

−13.46%

7 days

Sources · 2 publishers

CoinGape Tier 2 First report 2 Oct, 20:10 UTC

AAVE Price Jumps 8% as Aave Moves to Put Protocol IP Under DAO Control

CoinCentral Tier 3 3 Oct, 07:08 UTC

Aave (AAVE) Price: Token Jumps 8% as DAO Moves to Take Control of Protocol IP

Coverage timeline

Oct 2, 20:10First reported by CoinGape
Oct 3, 07:08Also reported by CoinCentral
Oct 3, 07:21CryptoVideos brief published

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