I had to make an account also just to 100% explicitly confirm that this proposal will be absolutely detrimental to the $AAVE token
This looks 100% like a money grab by the AAVE labs team at the cost of their community and would significantly harm the reputation of the brand within the crypto community
There needs to be an extremely thorough explanation as to why there needs to be a new token that will vampire away attention and capital from the $AAVE token
Additionally the revenue share is egregious as most of the revenue will materialize in later years not early years, there needs to be a much higher % of revenue share directly to the AAVE DAO otherwise this is Uniswap laps misalignment with UNI token all over again
If this proposal goes through I will be dumping my entire very large stack of AAVE
An alternative and better solution would be to simply grant AAVE Labs team additional AAVE tokens based on the success of Horizon and various milestones while all the revenue accrues to the AAVE DAO