How Trump’s crypto project will be a huge windfall for Aave – DL News
- Aave DAO is considering a proposal from World Liberty Financial.
- The proposal offers the DAO a share of WLF’s revenue.
- Aave has $165 million in reserve.
Aave is already a DeFi behemoth, with $165 million in its DAO’s treasury.
Yet, the crypto lending protocol’s coffers may swell further, thanks to Donald Trump’s polarising crypto project World Liberty Financial.
The Aave community was sceptical when World Liberty Financial announced it would build on top of the Aave protocol, Marc Zeller, founder of Aave Chan Initiative, a delegate platform on Aave DAO.
That changed after the Trump project proposed yesterday to give Aave DAO, the crypto collective that runs the Aave protocol, 7% of its WLFI token and 20% of the future fees generated by…
