The Aave Protocol (referred to herein as “Aave”) is primarily focused on innovation, growth, and developing relationships within the Ethereum DeFi ecosystem. The treasury can support experiment-driven innovation leading to future Aave growth while investing aToken reserve income to earn additional returns. The treasury can be utilised to increase t... See more

Diversifying into stablecoins provides a protocol DAO with the following benefits:

The vision for the Aave treasury is to encourage innovation, accelerate growth, and prudently manage financial assets, while providing relevant and transparent financial reporting content. As long term believers in Aave, the protocol is to remain overweight $AAVE capturing future growth upside, whilst hedging against the risks of adverse market con... See more

The roughly 5% that the Axie protocol takes goes into the Community Treasury, which currently stands at 46k ETH or $95 million, and the Treasury is controlled by token holders, including but not limited to the developers, Sky Mavis, who hold about ~20% of the nation’s governance token, AXS.