Aave DAO approves $25M funding grant, token allocation for Aave Labs

By Cointelegraph by Stephen Katte

Aave DAO approves $25M funding grant, token allocation for Aave Labs

The Aave DAO has approved a $25 million funding grant and token allocation for Aave Labs, with nearly 75% of votes in favor. This approval forms part of a larger framework, where growth and development grants will be addressed through separate governance proposals.

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