AAVE
AAVE is the native token of Aave, the largest lending protocol in DeFi.
AAVE, stkAAVE and aAAVE holders control the protocol through onchain governance with Timelock execution. The token has fixed 16M supply with no mint function. Delegated steward roles exist but are elected and revocable by governance.
Protocol fees flow to a governance-controlled treasury. Holders can stake as stkAAVE in Safety Module for yield. Treasury composed of reserve factor from borrower interest + liquidation fees + flashloan premiums.
AAVE token proxy and implementation are verified on Etherscan. Aave V3 protocol contracts are open source and verified.
Aragon has not verified if any 3rd party controls a majority share of the voting power of AAVE or derivatives.
US AAVE trademark is held by Quantum Swan OU (Estonia). Primary interface terms identify Aave Labs (a separate entity from the Aave DAO) as the contracting party.
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