Aave Community Approves White-Label Partnership with Kraken's Ink Foundation
The Aave community has overwhelmingly approved a partnership with Kraken's Ink Foundation to launch a white-label version of Aave V3. The proposal passed with a 99.8% vote in favor, allowing the Ink Foundation to create a rebranded, centralized lending platform using Aave's proven codebase.
In exchange for the licensing agreement, Aave DAO will receive a revenue share equal to or greater than a 5% Reserve Factor based on borrow volume across all pools. The partnership also includes six months of technical support from Aave DAO service providers for the new platform.
The Ink Foundation has committed to attracting over $250 million in initial liquidity through dedicated mining programs and is prohibited from collaborating with competing lending protocols for a minimum of 12 months after deployment.