Aave news today is centered on a governance proposal to create the Aave Foundation, a Cayman Islands entity intended to place the protocol’s brand and intellectual property under DAO oversight. Submitted on October 2, 2026, the “Aave Foundation, Phase 1” ARFC would establish a memberless foundation and appoint independent directors and supervisors. The initial phase would not immediately transfer Aave’s trademarks, domains or codebase intellectual property. Those transfers would require separate governance proposals and votes. The foundation would also be expected to provide quarterly disclosures covering its assets and expenses, while the DAO would retain authority over protocol upgrades, risk parameters, budgets and service-provider appointments.