Aave DAO members rejected a governance proposal to shift brand and IP control to DAO, with over half opposing and minimal support amid voting process controversy.
Aave DAO voted down a proposal to place Aave brand assets under DAO control, with only 3.5% in favor, 55.29% opposing, and 41.21% abstaining. The Snapshot vote concluded on the 26th after proposal author Boado encouraged abstention in protest of the voting process. This outcome halts efforts to move brand and intellectual property rights to token holders.