Aave Labs proposes establishing the Aave Foundation, which will hold the Aave trademark and related intellectual property rights.
1 hours ago
Aave Labs has submitted an ARFC proposal to establish a memberless foundation named Aave Foundation in the Cayman Islands. The foundation will hold the lending protocol’s trademark and related intellectual property under the oversight of Aave DAO. The proposal only covers foundation registration and the appointment of independent directors, supervisors, and secretaries. The DAO will bear reasonable registration, legal, and setup fees, with no recurring budget allocated. Aave Labs and DAO service providers are prohibited from appointing or serving as directors or supervisors. Core governance rights—including protocol listing, parameter adjustments, budget approvals, and service provider selection—will remain with the DAO. Future transfers of trademarks, domains, and code intellectual property will be put to separate DAO votes, while the foundation will disclose its held assets, operating expenses, and related legal actions on a quarterly basis.
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