Aave brand asset ownership proposal rejected, with over 55% voting against

GateNews
AAVE-16,36%

PANews December 26 News, according to the Aave Governance Forum, the ARFC proposal to formally transfer Aave brand assets (domain names, social accounts, naming rights, etc.) to DAO control concluded voting on December 26. The proposal was not approved, with 994,800 votes against (55.29%), only 63,000 votes in support, and 41.21% abstaining. The proposal aims to address the current risks of brand assets being controlled by third parties and seeks to clarify ownership and usage through a DAO legal structure.

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