'Aave Will Win' Proposal Advances

Alpha Team
March 03, 2026

🗳️ Aave Proposal Clears Temp Check Vote

Temp Check Vote Passes: The Aave DAO temp check for the Aave Will Win proposal closed on March 1st. Created on February 25th and opened on February 26th, the vote secured about 622,300 YAE votes, or 52.58 percent, in support of the framework to direct 100 percent of Aave Labs product revenue to the DAO treasury and ratify V4 as the core technical foundation. NAY votes totaled 497,100, or 42 percent, while 64,200 votes, or 5.42 percent, abstained. A formal ARFC submission incorporating community feedback from the temp check is expected to follow.

Framework Outlines Key Elements: The framework directs 100 percent of Aave-branded product revenue to the DAO, establishes a formal brand protection mechanism, ratifies Aave V4 as the core technical foundation, and creates a framework for the DAO to fund strategic growth initiatives. Net revenue from aave.com with approximately 10 million dollars annualized from swaps and other products flows to the DAO treasury. Aave V3 generating more than 100 million dollars annualized transitions to V4 in three phases. Funding includes 25 million dollars in stablecoins with 5 million dollars upfront and 20 million dollars streamed over one year, 75,000 AAVE over 24 months, and milestone grants of 5 million dollars for Aave App, Pro, Card and 2.5 million dollars for Aave Kit.

Criticism Raises Voting Concerns: The temp check drew criticism from some community members regarding the voting dynamics and the proposal terms. Marc Zeller, founder of the Aave Chan Initiative, published a post-mortem analysis alleging that the proposal only passed due to votes cast by addresses linked to Aave Labs. Zeller argued that if approximately 233,000 AAVE from three specific Labs-linked clusters including a 111,000 AAVE delegation from founder Stani Kulechov were excluded the result would have flipped to 497,100 NAY versus roughly 387,000 YAE. Replies to the analysis included "I would like to point out that it is not true that Areta’s 75K is delegated entirely by Stani." and "This analysis misses some community members who didn’t end up being able to for technical reasons." Read More.

️ On today's Top Picks:

⭐️ Judge dismisses lawsuit against Uniswap.
⭐️ OpenSea to launch mobile app soon.
⭐️ Opinion launches airdrop checker.
⭐️ Nasdaq files to launch binary options.

Read time: ⏰ 4 minutes

Crypto News

• ⭐️ Aave $AAVE Will Win Proposal passes temp check; proposal directs 100% of product revenue to Aave DAO; to advance to the ARFC (Aave Request for Final Comment) stage next.

• ⭐️ Uniswap Labs $UNI wins full dismissal in Risley v. Uniswap Labs class action lawsuit; judge rules that Uniswap cannot be held liable for the misconduct of unidentified third-party token issuers.

• Digital Asset Investment Products recorded $1.1B in inflows last week; Bitcoin $BTC $881M inflows, Ethereum $ETH $117M inflows, Solana $SOL $54M inflows, Chainlink $LINK $3.4M inflows.

• Coinbase's $COIN Liquifi rebrands as Coinbase Token Manager, a "comprehensive platform to simplify and scale token management"; helps teams manage token cap tables, automate vesting & distribution, and streamline compliance.

Alpha

• Polygon $POL Community Lead 'Smokey' teases "Somebody is on testnet putting up numbers. Who could this be?" on X; Paradigm CTO Georgios Konstantopoulos also recently teased the same testnet.

• ⭐️ OpenSea $SEA to launch OpenSea Mobile app soon; to feature perp DEX powered by Hyperliquid; currently in closed beta; to also host live event of "The next chapter for OpenSea" on March 30th.

• Octant $GLM to close Epoch 11 ETH rewards allocation window on March 4th; users can also migrate GLM to Octant v2 until April 1st.

• ICYMI MetaMask $MASK launches MetaMask Card in the US; offers up to 1% back in mUSD for standard cardholders and up to 3% back (on the first $10,000 spent per year) for metal cardholders.

Airdrops

• ⭐️ Opinion $OPN launches airdrop eligibility & allocation checker; Opinion points holders are eligible; to launch airdrop claim soon.

• Avantis $AVNT to launch airdrop #2 claim on March 5th; Avantis Season 3 Points holders will be eligible.

• ICYMI Ink Foundation $INK teases "something’s loading in the deep… INK"; to potentially launch TGE & airdrop soon; Nado & Tydro points holders and more will be eligible for the airdrop.

• ICYMI OpenMind $ROBO launches airdrop claim; OpenMind points holders, community members, & more were eligible to register; claim closes on March 13th.

Finance News

• Key US Events This Week: February ADP Employment data on Wednesday (March 4th); Initial Jobless Claims data on Thursday (March 5th); January Retail Sales data & February Jobs report on Friday (March 6th).

• ⭐️ Nasdaq files with US SEC to launch binary options tied to its Nasdaq-100 index & micro index; if approved, would allow traders to make yes-or-no bets on index moves.

• Strategy $MSTR buys an additional 3,015 Bitcoin $BTC for ~$204M at ~$67,700 per BTC: now holds 720,737 BTC (~$49.6B) acquired for ~$54.8B at ~$75,985 per BTC.

• ProCap $BRR buys an additional 450 Bitcoin $BTC; now holds 5,457 BTC (~$377M); raised ~$750M via equity & convertible notes offering in June 2025.

• BitMine $BMNR buys an additional 50,928 Ethereum $ETH (~$103M); now holds 4,473,587 ETH (~$9.1B) & $868M in cash; currently staking 3,040,483 ETH (~$6.2B).

• RIOT Platforms $RIOT Q4 2025 Earnings: $152M in revenue (-15% QoQ, +7% YoY), missing expectations; EPS of ~$2.03, missing expectations; currently holds over 18,000 Bitcoin $BTC ($1.2B).

Security and Exploits

• ICYMI ZachXBT: Axiom employees allegedly engaged in insider trading; "abused the lack of access controls for internal tools to lookup sensitive user details to insider trade by tracking private wallet activity since early 2025."

• ICYMI Kraken lists alleged "bundled token" $WAR; Bubblemaps previously reported that WAR creator 'GaCagz' initially controlled 70% of the token supply & quietly dumped it over time.

• ICYMI Anthropic accuses DeepSeek, Moonshot AI, & MiniMax of "industrial-scale distillation attacks"; alleges the labs created fraudulent accounts to extract Claude's capabilities to train and improve their own models.

Token Unlocks

• Sui $SUI / ~$39M / MAR 01st
• EigenCloud $EIGEN / ~$7M / MAR 01st
• Ethena $ENA / ~$4M / MAR 02nd
• Ethena $ENA / ~$19M / MAR 05th
• Hyperliquid $HYPE / ~$6M / MAR 06th
Sourced from Tokenomist

Funding

• Akave raises $6.65M in Seed funding from several investors.

• Sats Terminal raises an undisclosed amount in Strategic funding from Gate Ventures.

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PROTOCOL	ASSETS	APY
GrowiHF (Hyperliquid L1)	USDC	1021.81%
Indigo (Cardano)	IUSD	257.31%
Merkl (Hyperliquid L1)	USDT	62.23%
Uniswap V3 (Ethereum)	EUROCUSDC	33.01%
Hyperion (Aptos)	USDTUSDC	30.09%
Pendle (Ethereum)	COREUSDC	26.44%
ThalaSwap (Aptos)	USDTUSDC	26.07%
Uniswap V4 (Ethereum)	SUSDEUSDT	20.79%

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That’s it for today’s edition! See you soon.

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