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Home›Crypto›DeFi›Aave Labs proposes Cayman Islands entity under DAO ove…

Aave Labs proposes Cayman Islands entity under DAO oversight

Phase 1 would set up a Cayman Islands entity and name independent officers, while key brand and code transfers would be approved only through later governance votes.

Aave Labs is proposing a governance shift for its brand and intellectual property, with Phase 1 focused on moving oversight under a DAO.

The plan calls for creating a Cayman Islands entity and appointing independent officers.

In Phase 1, trademark, domain, and codebase transfers are not immediate, instead requiring later governance votes to be executed.

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