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Aave Chan Initiative founder Marc Zeller reveals a “flip fee switch” vote will take place next week to distribute fees to token holders

Aave Chan Initiative founder Marc Zeller reveals a “flip fee switch” vote will take place next week to distribute fees to token holders

CointimeCointime2024/04/07 00:26
By:Cointime

Marc Zeller, founder of Aave Chan Initiative, posted on X that there may soon be a vote to decide whether to turn on the "fee switch" and distribute fees to holders. It is reported that Aave DAO's current net profit totals about $60 million per year, reflecting five years of operating costs.

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