On February 28, news reports that AaveDAO is voting on a key proposal regarding whether to weaken the current flagship v3 version and pave the way for the yet-to-be-released v4. The vote will end on Saturday, and as of Friday evening, support votes are leading by a narrow margin of about 52%, with the situation still uncertain.
Since its launch in 2022, Aave v3 has performed steadily, accounting for over 97% of the protocol’s total deposits, generating approximately $184 million in revenue, with total deposits exceeding $26.3 billion. Some representatives are concerned that shifting strategic focus before v4 is implemented could weaken the protocol’s stability. In response, Aave Labs has adjusted its stance this week, slowing down user migration timelines and clarifying that migration will not be mandatory. They emphasize that v3 can operate long-term as long as the DAO deems it necessary.
Disputes also center around fund allocation. Aave Labs proposed reallocating revenue from its branded products back to the DAO and establishing a foundation to hold trademarks. They also requested $25 million for ongoing development, with an additional $17.5 million to be allocated after specific product launches. This has raised questions among some core representatives. Marc Zeller pointed out that the proposed funding amount is close to 31% of the DAO’s funds and suggested splitting the proposal into separate votes.
Additionally, Bored Ghosts Developing, a contractor founded by a former executive, announced it will not renew its contract this year, stating that pushing such changes on core revenue engines is “difficult to understand.” As topics like “When will Aave v4 be released” and “Aave DAO fund allocation disputes” continue to ferment, the outcome of this vote could have far-reaching implications for DeFi governance models and protocol upgrade paths.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
OpenClaw project on GitHub has surpassed 300,000 stars, ranking 9th on the site
The OpenClaw project has over 300,000 stars on GitHub, ranking 9th, second only to some learning resource projects. The project was open-sourced by Peter Steinberger in 2025 and has experienced rapid growth, surpassing numerous notable projects in just two months, becoming the only active software project in the top ten.
GateNews19m ago
Hong Kong's First Batch of Stablecoin Licenses: Top Three Revealed, HSBC Makes Exceptional Entry
Hong Kong is about to issue its first batch of stablecoin licenses, with approved institutions including HSBC, joint venture Anchorpoint, and OSL Group. Regulators aim to ensure market stability through strict regulations, while Chinese companies such as Ant Group and JD.com are absent from this round of license competition due to policy constraints. This move will impact the global stablecoin regulatory landscape.
MarketWhisper22m ago
Base to launch new Base.dev foundational components, covering metadata, notifications, and distribution features
Base Build announced on March 13 that it will launch new Base.dev foundational components aimed at simplifying the building, management, and showcase of applications, covering three major features: metadata, notifications, and distribution. The metadata feature will go live in mid-March, while notifications and distribution features are scheduled to launch on April 9, at which time Base App will discontinue using the Farcaster specification.
GateNews35m ago
Beyond AI Detection: Brevis Unveils System to Cryptographically Verify Media Origins
Brevis recently launched an end-to-end media authenticity system that allows images and videos to cryptographically prove their origins while protecting user data.
The Shift From Detection to Proof
On March 9, 2026, the zero-knowledge-proof computing company Brevis launched an end-to-end media au
Coinpedia39m ago
Lido Launches EarnUSD – First Vault Stablecoin in the Ecosystem
Lido has launched EarnUSD, its first stablecoin vault, allowing users to invest stablecoins in USD-valued strategies on Ethereum. This move aims to enhance Lido's DeFi offerings and simplify its product portfolio to cater to the growing demand for stablecoin services.
TapChiBitcoin39m ago
Tempo protocol layer introduces built-in account abstraction functionality
Gate News: On March 13th, Tempo, a stablecoin public chain, added built-in account abstraction functionality at the protocol layer. This feature brings three major conveniences to users: no need for seed phrases, no need for Gas tokens, and no need for repeated transaction confirmations. For developers, account abstraction can be implemented without relying on workarounds such as middleware or smart contracts.
GateNews55m ago
