Lots of discussions around Aave so I want to clarify a few things: • First off, there is NO WAY we’d sell AAVE at a 70% discount lol. • 100% of Aave Protocol and GHO revenue goes to the $AAVE token. This was established in the Aave Will Win proposal. • AWW also applies to all product revenue, including the Aave App, Aave Pro, and Swaps. • No protocol or product revenue goes to Aave Labs, which is a service provider to the DAO responsible for building and growing Aave. • Aave Labs owns an allocation of AAVE that multiple market participants have discussed purchasing, directly or indirectly, through deeper long-term partnerships. The article’s framing is inaccurate. • Aave is currently generating $134M in annualized revenue, which goes to the Aave DAO. • As defined in AWW, all intellectual property, including the Aave brand and any software built for Aave, belongs to $AAVE. • We haven’t shared much on this yet, but the Aave team is designing Aavenomics 3.0, which includes a new automated and non-discretionary buyback mechanism. More on this later. • Aave is building not only for the crypto TAM, but for the entire finance asset TAM, including RWAs. • Everyone at Aave Labs and Aave DAO works for $AAVE. We’ll be hosting our quarterly call in the next couple of weeks. Join us if you want to catch up on what we’ve been working on and get some cool updates on the Aave roadmap.