## Aave Breaks Records: DAO Revenues Reach $140 Million in 2024, Surpassing the Previous Three Years



Aave governance has marked an important milestone this year. According to Stani.eth, founder and CEO of the protocol, the revenues generated by the DAO during 2024 have reached $140 million, a figure that exceeds the total accumulated over the previous three years. This achievement underscores the financial maturity of the protocol and positions Aave as one of the most significant value creators in the DeFi ecosystem.

Following the recent community voting process, Stani.eth took the opportunity to reflect on the state of decentralized governance. The debate generated tensions between Aave Labs and $AAVE holders, but the CEO considers these differences to be natural in any decentralized system. "Although the process was somewhat chaotic, discussion and differing opinions are inherent features of transparent and clear DAO governance," the founder stated.

In a move to improve communication, Stani.eth emphasized his commitment to greater clarity regarding the economic interests linking Aave Labs with the community of holders. The founder acknowledged that "our explanation in this regard has not yet been sufficiently transparent" and committed to working on future improvements. Of particular relevance is that $AAVE holders maintain full control over the $140 million that the DAO has raised this year.

Regarding the controversy over his personal purchase of $AAVE worth $15 million, Stani.eth was categorical in his clarification: "These tokens were not used to vote on recent proposals, that was never my intention. I invested my own resources because I am convinced of the project. This is the work of my life." The founder used this investment as a demonstration of personal trust in Aave's strategic direction, regardless of collective governance decisions.

The proposal regarding the ownership of Aave's brand assets was rejected in the previous vote, with more than 55% of votes against and 41% abstentions, reflecting the complexity of decisions surrounding the protocol's operational structure.
AAVE4,11%
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