Governance[Hexcast]
Reveal Aave Labs $86M Stake Amid Governance Controversy
Aave Labs holds $86M, retaining 23% of tokens since 2017 ICO. From $500M Horizon TVL, 69% is stablecoins, 31% RWAs. DAO revenue totals $216K versus $5.25M spent. Labs requests $51M more, despite six failed products and mass engineer departures by 2022. Governance vote passed 583K-378K with 57% FOR votes from one wallet. Recent protocol upgrades built by BGD and partners.
Ethereum ecosystem intelligence