⚡️ Aave Labs just proposed spinning up the Aave Foundation — a memberless Cayman entity to hold the $AAVE trademark and IP.
Why this matters:
• Removes single point of failure from Labs
• IP becomes protocol-owned, not company-owned
• Classic decentralization playbook — trademark goes to the DAO
Cayman structure = neutral jurisdiction with proven DAO legal frameworks. Same setup used by other top protocols.
This is how you graduate from "company with token" to "protocol with governance." Bullish for long-term $AAVE holders who care about real decentralization.
Why this matters:
• Removes single point of failure from Labs
• IP becomes protocol-owned, not company-owned
• Classic decentralization playbook — trademark goes to the DAO
Cayman structure = neutral jurisdiction with proven DAO legal frameworks. Same setup used by other top protocols.
This is how you graduate from "company with token" to "protocol with governance." Bullish for long-term $AAVE holders who care about real decentralization.