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7h ago

Aave Dao Approves $25m To Boost Protocol Development

Aave (@aave) DAO has approved a $25 million stablecoin grant along with 75,000 $AAVE tokens to Aave Labs.

The proposal passed with around 75% support from token holders. Voting required staked AAVE participation, reinforcing strong community backing.

The move is tied to the “Aave Will Win” strategy for long term growth.

Per reports, this funding provides both operational stability and strengthens token dynamics.

Aave Dao Approves $25m To Boost Protocol Development
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