Aave governance rejects proposal to shift brand control to DAO after contentious vote

Aave token holders have rejected a governance proposal that sought to move control of the protocol's domains, social accounts, naming rights and other intellectual property into a DAO-controlled entity. The snapshot vote closed with 55.29% voting against, 3.5% in favor and 41.21% abstaining, exposing broader disputes over token value capture, governance influence and token-equity structures within the protocol.