Aave Dao rejects plans for a new RWA token: This is what it means

Aave Dao is a decentralized autonomous organization that oversees Aave and is one of the largest Dapps in the world.

In X's post, Aave founder Stani Kulechov confirmed that no new tokens for RWA projects are created after strong Opposition From the community.

The overall consensus for Aave Dao as a whole is that there is no interest in other tokens. The consensus is respected, Aave Dao is the real Dao. Exploration of RWA continues once the correct approach is found.

It's just there $ aave. pic.twitter.com/tqsb51gmvw

– stani.eth (@stanikulechov) March 16, 2025

The opposition to new tokens and their active involvement represents a critical moment of decentralized governance. This emphasizes that despite being perceived as focusing on the DAO system, some projects still place emphasis on community input and are perfectly consistent with blockchain principles.

Most importantly, this idea failed during the “temporary check” stage. Here, the proposal is first discussed among the token holders before proceeding to the next stage, and the request for the final comment (ARFC) is refined.

The proposal is then usually finalized as an Aave Improvement Proposal (AIP) before the community votes to pass or reject it.

Aave Dao refuses to create a new RWA token. What is Horizon Crypto?

Horizon is an Aave project that aims to bridge the potentially trillion dollar RWA tokenization sector with DEFI and create products tailored to institutions.

Specifically, Horizon allows institutions to use tokenized money market funds as collateral if they wish to borrow USDC or GHO Stablecoins. It will initially run on Aave V3, but will move to V4 later.

The community was expected to discuss a profit sharing system that allocates 50% of its revenue to Aave DAO in the first year, and it fell to 10% after four years.

Additionally, the community had to deal with the issuance of new governance tokens. This is an idea that quickly sparked controversy among Aave community members and Aave holders.

There has been concern that launching a new governance token would undermine the usefulness of OG tokens. This acts as a governance token and is already The best ciphers to buy in 2025.

Using the new Horizon tokens was likely to undermine the role of Aave in the Aave ecosystem and shift focus from the existing ecosystem.

Additionally, there were concerns that new tokens could introduce unnecessary complexity and potentially distract decision-making power from Aave holders.

What's next?

The idea for a new token has been rejected, but Aave is still moving forward with its original plan to create an agency targeting new RWA projects.

This push is bullish for the tokenization sector, where billions of dollars are already traded in chains, primarily in Ethereum, Tron and Polygons. There's so much more to Solana. The best risky, high-reward code to buy in 2025.

For example, Tether, the publisher of USDT, has minted more than $143 billion in tokens across multiple chains. In total, Over $235 billion According to Coingecko data, many Stablecoins have been published by a variety of projects.

Meanwhile, according to rwa.xyzwith over $18.6 billion of RWAs being tokenized, most of these tokens are supported by the US Treasury Department.

(sauce)

One of the main platforms is Ondo, which launched the Ondo chain in February. Like Horizon, Ondo Chain aims to integrate Defi with RWA and target agencies while complying with existing laws. According to analysts, the token is one of the best new cryptocurrencies to consider investing in 2025.

Post Aave Dao rejects plans for new RWA tokens. This means that it first appeared in 99bitcoins.

Source link