Citing Biji.com, a governance conflict has intensified between Aave’s DAO and Aave Labs over a revenue-sharing dispute. The dispute centers on Aave Labs’ decision to integrate CoW Swap into Aave’s front-end, replacing ParaSwap, which previously generated referral fees for the Aave DAO treasury. Governance members estimate the change disrupted approximately $200,000 in weekly revenue, translating to about $10 million annually. Aave Chan Initiative founder Mark Zeller criticized the move as a 'covert privatization' of Aave’s brand assets, arguing that Aave Labs unilaterally altered economic arrangements without DAO approval. In response, Aave Labs CEO Stani Kulechov defended the integration, stating that the previous fees from ParaSwap were discretionary surpluses, not mandatory protocol fees, and emphasized the front-end as a proprietary product maintained by Aave Labs.
Aave Governance Dispute Escalates Over $10M Revenue Shift
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Summary
A governance clash has flared between Aave’s DAO and Aave Labs over a $10M annual revenue shift. Aave Labs integrated CoW Swap into Aave’s front-end, replacing ParaSwap, which had generated referral fees for the DAO. Weekly revenue losses are estimated at $200,000. Mark Zeller of the Aave Chan Initiative called the move a “covert privatization” of Aave’s brand assets. Stani Kulechov defended the change, noting ParaSwap fees were discretionary and not mandatory. As altcoins to watch remain in focus, this dispute highlights tensions in DeFi governance. The weekly market report will likely track how this plays out.
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