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AAVEDeFiAaveGovernanceProtocol Revenue
Technology
Aave Governance Proposal Seeks $3.5M in Added Annual Revenue via Reserve-Factor Changes
(3 hours ago) · 1 source · Summarized by CryptoBipto
A new governance proposal within the Aave decentralized lending protocol aims to adjust reserve factors to generate an estimated $3.5 million in additional annual revenue. Reserve factors determine the share of interest paid by borrowers that goes to the protocol's treasury rather than to lenders.
WHY IT MATTERS
Think of Aave like a digital credit union run by its members.
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SOURCES
- newsbtc.com
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