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Aave
2026-10-04 10:11:07

Aave proposal seeks Cayman foundation to hold trademarks and core IP for the DAO

A governance proposal written by Aave Labs asks the Aave community to create an Aave Foundation, structured as a Cayman Islands foundation company without members, to hold and protect the protocol’s trademarks and related intellectual property. The proposal only covers phase one: incorporation of the entity and the appointment of an independent director, an independent supervisor, and related setup functions. Later phases covering the transfer of trademarks, key domain names, and protocol codebase IP would return to governance as separate proposals. The draft argues that Aave DAO has spent years funding service providers to build code, tools, models, documentation, and branding, yet ownership has been handled inconsistently and some assets remain outside the DAO’s control. Because a DAO cannot itself register trademarks, sue for infringement, or own domain names, the proposal says the community lacks a durable legal vehicle to defend assets it paid to create. Under the structure described in the ARFC, the foundation would own and manage specified IP, but it would not vote on protocol decisions, veto governance, or choose service providers. Aave Labs and DAO service providers would have no board seats and no appointment rights. The text also includes a separate view urging governance to compare the Cayman structure with a Swiss foundation before committing to the jurisdiction for long-term IP ownership.

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Aave proposal seeks Cayman foundation to hold trademarks and core IP for the DAO