Aave Activation Fee Conversion Proposal is in the Temperature Check Phase
According to the Aave Governance page, the Aave Activation Fee Conversion proposal has been presented to the community by Marc Zeller, founder of the Aave Chan Initiative (ACI), for a temperature check, with the next step being to allow the Aave community to provide input on the matter and potentially take a snapshot vote.
The Aave Chan Initiative is said to be one of the top independent organizations serving the Aave DAO. The proposal aims to return a portion of the platform's net excess revenue to its primary users.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Bitcoin Poised to Reach $125,000 Based on Short-Term Holder Cost Basis
U.S. Spot Ethereum ETFs Saw Net Inflow of $6.22 Million Yesterday
Solana Ecosystem Advisor Nikita Bier Joins X as Head of Product
Data: Bitcoin rose 31.41% in the second quarter
Trending news
MoreCrypto prices
More








