Aave Labs has proposed a governance plan directing all Aave-branded product revenue to its DAO treasury, indicating confidence in a softer U.S. regulatory climate. The proposal reflects reduced SEC crypto enforcement actions in 2025, enabling protocols like Aave to pursue institutional-style business models on-chain. Similar moves by Uniswap and other DeFi projects suggest a broader trend toward value accrual for tokenholders as regulatory risks ease.