[Aave Labs Proposes Establishing Aave Foundation to Hold Ownership of Aave Trademark and Related Intellectual Property] Aave Labs has submitted an ARFC proposal on the governance forum, suggesting the establishment of a non-member foundation, Aave Foundation, in the Cayman Islands. The foundation will hold the trademark and related intellectual property of the lending protocol under the supervision of Aave DAO. This proposal only covers the first phase, which involves the registration of the foundation and the appointment of independent directors, supervisors, and a secretary. The DAO will bear reasonable registration, legal, and setup costs, with no ongoing budget allocated. Aave Labs and DAO service providers are prohibited from appointing or serving as directors or supervisors. Governance rights related to token listings, parameter adjustments, budgeting, and service provider selection will remain under the DAO's control. Subsequent transfers of trademarks, domain names, and code IP will be submitted for governance review separately. The foundation will disclose its held assets, operational expenses, and related legal actions on a quarterly basis.