Opinion: Aave Labs' new proposal is promising, but the process needs clear disclosure and transparency.

DeFi researcher Ignas published an article on the X platform stating that Aave Labs has proposed a new initiative suggesting that 100% of the protocol's revenue be allocated to the DAO and that the Aave brand IP be granted to a new foundation. Ignas believes that developers, business development, and marketing personnel should receive substantial rewards. After cutting off its own revenue stream, Aave Labs should apply for an annual budget from the DAO, but the process needs clear disclosure and transparency. He points out that questions remain about who actually controls the new foundation. A recent proposal requiring disclosure of voting addresses was rejected by some unidentified wallets. If Aave Labs wants to maintain control, they have an incentive to hold AAVE tokens. Ignas wants to see clear disclosure and ensure that the granted 75,000 AAVE tokens are not used for voting. He also believes that the plan to migrate from v3 to v4 within 8 to 12 months is too fast, but is generally optimistic about the proposal. Related information: "Aave Labs: Proposes 'Aave Will Win' Plan, Sending 100% of Product Revenue to the DAO"