Aave devs look set to receive $16.3M via retroactive funding By Cointelegraph

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Aave devs look set to receive $16.3M via retroactive funding

The DAO behind the decentralized finance (DeFi) platform Aave has accepted a proposal to reward members from Aave Companies with $16.28 million in retroactive funding for their role in the development of Aave Protocol V3.

Voting for the proposal began on Sept. 6, and at the time of writing has already passed 667,000 votes in favor of the funding, more than doubling the 320,000 required. The vote is set to end on Sept. 8.