Aave's $700 Million Migration Kicks Off With Vote

[MRM]

DeFi king Aave wants to make its project more decentralized. The first step is putting token migration to the community. Just a day after the launch of Aave Governance, the new governance platform for decentralized lending protocol Aave, the protocol’s community must make its first decision: whether to deprecate the platform’s governance token, LEND, and instead migrate it to a new one, AAVE. This is no small feat: LEND currently has a market cap of $705 million.
Source: https://decrypt.co/43038/voting-now-open-for-aave-token-migration