Aave Labs has put forward a new proposal covering ownership and oversight of its brand and intellectual property, with a plan to shift supervision to the DAO over time. Under the first phase, the team would move to establish a legal entity in the Cayman Islands and appoint senior executives with independent status to manage that structure. The proposal does not include an immediate transfer of ownership over key Aave-related assets such as trademark rights, web domains, or code repositories. Those items are reserved for later stages and would only move forward if separate rounds of governance votes are approved. The plan outlines a phased path rather than an immediate handover, keeping the first step focused on setting up the legal framework before any broader asset transfer is considered.
According to ChainCatcher, Aave Labs has proposed a new framework for the ownership of its brand and intellectual property, with supervision set to be handed to the DAO in phases.
In the first stage, the team would work to establish a legal entity in the Cayman Islands and appoint senior executives with independent status for that entity.
The first phase does not cover the transfer of ownership for Aave brand trademarks, web domains, or code repositories. Any handover of those assets would be considered only after separate rounds of governance votes are launched and approved at a later stage.
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