2 cents about Aave Will Win Framework
1st cent, Entrepreneurs VS Contractors
Although routing all of product layer revenue to the DAO is a good deal for $AAVE holders, I think it is building the wrong long-term incentives:
It soft-forces devs to get the DAO’s blessing or funding before building products on top of the protocol. The protocol doesn’t need these products to function, they increase accessibility to Aave and take a fee for that service. Aave remains permissionless but economically fenced as the DAO subsidizes “official” products making it hard for independent devs to compete. Turning devs from Entrepreneurs to Contractors and Lobbists as they secure funding through DAO votes rather than the success of their product in the free market.
Development should be market driven, bottom-up.
The fact that aave,com has become the main UI to interact with Aave, doesnt mean Aave needs aave,com to be successful. It means there arent enough competing Aave interfaces. There shouldnt be an “official” interface. As base-layer infrastructure, Aave should remain neutral.
The proposal doesnt seek to stop technical access to Aave, rather trying to control it through economic and social capture. IMO, this is not the spirit Aave or Defi was built with, it doesnt solve the ‘free loader’ issue and increases brain drain risk.
As outlined in the temp check, the DAO cannot legally own and protect a trade mark. I don’t think this is a responsibility of the DAO either, the DAO owns the protocol, the protocol functions and has economies of scale regardless of its branding, changing the name or logo wont stop it from winning. If we instead, in fear of confusion, attribute too much power and control to a central entity - the foundation - we increase centralization risk and risk of malicious/regulatory takeovers regardless of how well intentioned the proposal is.
2nd Cent, DAO Investment Allocations
The temp check article argues that if the DAO receives all product revenue, the DAO would need to allocate resources like a traditional financial institution. I disagree with this and think the current system works better:
Tradfi institutions need to aggressively fund development because they work in permissioned systems.
$AAVE holders don’t lose from independent builders, they expand the ecosystem and bring new users by building on top of public infrastructure.
The incentive is much higher for independent devs with good ideas to come and build if they fully profit from their efforts as entrepreneurs using public infrastructure rather than contractors working for a DAO.
TLDR: AAVE SHOULD STAY INFRASTRUCTURE, NOT BECOME A PLATFORM.
A PROTOCOL, NOT A PRODUCT.