
Aave DAO Votes to Keep It Simple, Rejects New Token Proposal
Aave DAO has rejected launching a new token, reaffirming AAVE as the sole governance and utility asset. Stani Kulechov clarified that the proposed Horizon token is not an Aave initiative but a separate project by Avara. Aave remains focused on integrating RWAs but will refine its approach based on community feedback. The Aave DAO has…