The rollout is divided into stages, with Phase 1 focusing on the legal setup of the Cayman entity. Actual transfers of intellectual property are not included in the initial phase and will require separate approvals through subsequent DAO votes.
Tuesday, October 20, 2026
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Aave Labs Proposes Cayman Foundation to Transfer IP to DAO
Crypto18 days ago
Stani Kulechov and Aave Labs submitted a plan to shift the protocol's brand and intellectual property into the hands of its decentralized community. The proposal involves establishing a new foundation in the Cayman Islands that would place Aave's assets under DAO oversight, granting tokenholders the power to replace the organization's directors. This initiative aligns with the Aave Will Win proposal and seeks to consolidate the ecosystem under the $AAVE token.
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