Aave founder: No new tokens will be created for Horizon
ChainCatcher news, according to The Block, Aave founder Stani Kulechov stated that he will not create new tokens for the product Horizon proposed by Aave. The proposal page shows that if a token is created, the Aave DAO may receive a 15% allocation and revenue-sharing arrangement. However, many opposing users believe that the new token could dilute the value of the existing AAVE tokens, undermining AAVE's status as the sole governance and utility token.
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