@chadcoffey
Aave’s governance model is decentralized, with AAVE token holders being able to propose and vote on protocol upgrades and decisions. This model allows for a more democratic, community-driven approach to decision-making, giving users a direct say in the protocol’s development. It contrasts with traditional financial institutions, where decisions are typically made by a central authority or a board of directors. Aave’s decentralized governance ensures that its users can shape the future of the protocol according to their needs and interests.