Aave to Share Profits with AAVE Token Holders Amid Governance Disputes
- Profit Sharing Commitment: Aave founder Stani Kulechov announced plans to share revenue generated outside the protocol with AAVE token holders, emphasizing the company's commitment to community interests and aiming to enhance trust and engagement among holders.
- Governance Dispute Escalation: The Aave community is embroiled in disputes over the allocation of frontend fees, with Aave Labs' decisions sparking widespread discussions on profit sharing and ownership, potentially undermining community confidence in future governance.
- Expansion Plans Discussion: Kulechov stated that Aave needs to extend beyond the cryptocurrency space into real-world assets, consumer lending, and institutional loans, which could open new revenue streams and market opportunities for the company.
- Brand Issues Resolution: Kulechov mentioned the need to address branding-related concerns, as some community members wish for Aave Labs to transfer intellectual property to the DAO, which could impact Aave's brand image and market positioning.
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Technical Analysis for AAVE
Technical Sentiment Analysis for Aave (AAVE) As of , Aave (AAVE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AAVE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AAVE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Aave (AAVE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 37.366 | 64.808 | 92.916 | 120.358 | 148.466 | 175.908 | 204.016 |
| Fibonacci | 64.808 | 86.028 | 99.138 | 120.358 | 141.578 | 154.688 | 175.908 |
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