On Sunday, the Aave DAO approved Aave Labs' first binding proposal under the Aave Will Win framework. The proposal received 522,780 AAVE in favor and 175,310 AAVE against, a support rate of approximately 75%. Based on the voting results, Aave Labs will receive a $25 million stablecoin allocation, including an immediate allocation of 5 million aEthLidoGHO and a total of 20 million aEthLidoGHO in streaming payments over 6 and 12 months. In addition, the Aave DAO will allocate 75,000 AAVE (approximately $6.8 million) from its ecosystem reserves, to be linearly unlocked over 48 months. The Aave Chan Initiative cast 166,200 AAVE against the proposal. ParaFi Capital (190,000 AAVE), luggis.eth (123,580 AAVE), and others voted in favor. The fund transfer is scheduled for Monday afternoon, at which time the funds will begin flowing to the Aave Labs control address.