Aave, a prominent player in the decentralized finance (DeFi) space, has announced plans to revamp its revenue model over the next year. The protocol aims to diversify its income streams, increase profitability through its native stablecoin GHO, and expand its user base.
This strategic shift is seen as a crucial step towards establishing DeFi as a viable business model. Stani Kulechov, Aave's founder, believes that sustainable and consistent revenue is essential for the growth of DeFi.