Aave governance participants have signaled support for a sweeping shift in how the protocol operates. The “Aave Will Win” temp check closed Sunday with 52.58% voting in favor, representing about 622,300 YAE votes, while 42% opposed and 5.42% abstained.

The proposal would direct 100% of revenue from Aave Labs products to the DAO treasury, net of partner payouts, and formally position Aave V4 as the protocol’s core technical foundation. Products covered include the Aave App, Aave Card, Aave Pro, Aave Horizon, the main website interface, and a proposed AAVE exchange traded product. The swap feature on aave.com alone generates roughly $10 million in annualized revenue.

This story is an excerpt from the Unchained Daily newsletter.

V3, which currently produces over $100 million annually, would transition into maintenance mode once V4 matures.

The plan also includes creating a foundation to steward Aave’s trademarks and a funding request of $25 million in stablecoins plus 75,000 AAVE. A formal ARFC proposal incorporating community feedback is expected next.

If you want to learn more about this proposal, check out this interview we did with Aave founder Stani Kulechov.