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‼️ Aave is preparing for an important vote
The token of the largest DeFi lending protocol AAVE has lost nearly 20% of its value over the week as investors are concerned about the potential outcomes of the vote to transfer the rights to trademarks, domains, and social media accounts from Aave Labs to the DAO.
✅ The voting in Snapshot is scheduled for the period from December 22 to December 26.
His result will determine not only who will control the intellectual rights but also the ability of the DAO to effectively manage a multi-billion dollar software business, which is what Aave Labs has been engaged in all this time.