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Aave DAO Rejects Plans for a New RWA Token: Here’s What It Means

  • The Aave DAO has rejected a proposal to create a new token for Horizon, a real-world asset (RWA) tokenization project.
  • The decision reflects the importance of community input in decentralized governance, aligning with blockchain principles.
  • The proposal failed at the initial discussion stage, indicating strong opposition from the community.
  • Aave will continue developing the RWA project, targeting institutions in the multi-billion tokenization sector.

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