The Block Crypto News3 minutes ago

Published on July 25, 2024 15:02 GMT+00:00edited on July 25, 2024 15:04 GMT+00:00

The decentralized lending platform Aave could potentially adopt a fee switch to return some of the platform's net excess revenue to its key users.

Marc Zeller published a temperature check ("temp check") on the move on Thursday. He is the founder of the Aave Chan Initiative (ACI), one of the top independent organizations providing services for Aave DAO. The next step is for the Aave community to provide input on the matter and potentially move to a snapshot vote.

"With the ACI, we consider the DAO now ready to explore a further step in the protocol’s maturity and would like to submit for governance consideration a clear path for protocol net excess revenue redistribution to the key actors of the Aave ecosystem, creating new positive dynamics and novel synergies within the industry," …