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The Defiant 2025-03-17 20:51:32

Aave DAO Rejects Plan To List Token Linked to RWA Initiative

Token holders of Aave, the second-largest decentralized finance (DeFi) protocol by total value locked (TVL) , rejected a proposal to list a token linked to its real-world assets (RWA) initiative Horizon. Aave’s founder, Stani Kulechov, said in an X post that community consensus would be respected. “Overall consensus across the Aave DAO is that there is no interest on other tokens,” Kulechov wrote. “The consensus will be respected, Aave DAO is a real DAO. RWA exploration will continue once a right approach is found. There is only $AAVE.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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