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Aave Labs Founder Discusses Aave V4 and Treasury Revenue Changes at EthCC

At EthCC (Ethereum Community Conference), Aave Labs founder Stani Kulechov said protocol revenue previously went to the Aave DAO (decentralized autonomous organization), while product revenue now also goes into the treasury.

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Summary

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Terms & Concepts
  • Aave DAO: A decentralized autonomous organization that helps govern the Aave protocol through community-led decision-making.
  • Treasury: A pool of funds held by a protocol or organization to support operations, development, and strategic initiatives.
  • Aave V4: The next version of the Aave protocol, referring to a planned upgrade of its decentralized finance platform.