Aave will receive 7% of the total WLFI token supply and will also receive 20% of the protocol fees generated by WLFI Aave v3.

BlockBeats News, August 23rd, according to the previously released proposal, Aave, as the WLFI lending ecosystem partner, WLFI in this Aave v3 instance will adopt the same reserve factor mechanism as the main Aave instance.

AaveDAO will receive 20% of the protocol fees generated by the WLFI Aave v3 instance and will receive approximately 7% of the WLFI token total supply for participation in future WLFI governance processes, liquidity mining, and driving the decentralization of the WLFI platform.

Profit distribution will be achieved through a trustless smart contract that will directly allocate the corresponding proportion of the protocol fees to the AaveDAO treasury address and the WLFI treasury address.