According to Odaily, Stani, co-founder of Aave, recently shared on the X platform that the Aave DAO has reached a consensus to focus solely on AAVE tokens, showing no interest in other tokens. This decision will be respected as Aave DAO operates as a true decentralized autonomous organization (DAO). The exploration of real-world assets (RWA) will continue once the right approach is identified.
Previously, Aave Labs announced the launch of a new initiative named Horizon, aimed at developing RWA products such as tokenized securities to facilitate institutional adoption of decentralized finance (DeFi). The goal is to leverage the Aave ecosystem to bridge the gap between traditional finance and DeFi. Horizon's first product will be a structured real-world asset solution, enabling institutions to use tokenized money market funds as collateral to access stablecoin liquidity.
