# \[ARFC\] $AAVE token alignment. Phase 1 - Ownership

**URL:** <https://governance.aave.com/t/arfc-aave-token-alignment-phase-1-ownership/23616>\
**Category:** Governance\
**Created:** [December 16, 2025, 4:42pm UTC](https://governance.aave.com/t/arfc-aave-token-alignment-phase-1-ownership/23616 "2025-12-16T16:42:54Z")\
**Posts on this page:** 1\
**Showing post:** 156

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**Author:** ![ApuMallku](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/apumallku/32/13996_2.png) [@ApuMallku](https://governance.aave.com/u/ApuMallku)\
**Post date:** [December 22, 2025, 5:53pm UTC](https://governance.aave.com/t/arfc-aave-token-alignment-phase-1-ownership/23616/156 "2025-12-22T17:53:34Z")

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I wrote this proposal: “ Call to Avara Leadership: Propose Value Accrual for AAVE Token Holders” ([[TEMP CHECK] Call to Avara Leadership: Propose Value Accrual for AAVE Token Holders](https://governance.aave.com/t/temp-check-call-to-avara-leadership-propose-value-accrual-for-aave-token-holders/23724/1)) calling on @stani to finally present a concrete plan for token ownership and value accrual.  
The fact: Aave Labs has never proposed any value accrual mechanism for AAVE holders. Not once in years.  
[Hasu is right:](https://x.com/hasufl/status/2003119274936693190?s=46) “token/equity dual structures are fundamentally unworkable. Not just hard to structure, but fundamentally broken.”

The current model is fundamentally broken. We need solutions immediately.

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_[View the full topic](https://governance.aave.com/t/arfc-aave-token-alignment-phase-1-ownership/23616)._