AAVE surges 8% to $187.50 after Cayman foundation proposal
AI Summary
Aave’s governance proposal calls for creating a Cayman Islands foundation.
8% lifted AAVE to an intraday high of $187.50.
AAVE token holders would retain full governance control under the proposal.
AAVE surged 8% to an intraday high of $187.50 after a new governance proposal called for creating a Cayman Islands foundation to manage Aave’s intellectual property. The proposal says AAVE token holders would retain full control over governance.
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