cyrpto horizon, project, RWA, token Mark March 17, 2025 0 Comments

No new token for Horizon RWA project

The founder of Aave Labs, Stani Kulechov, confirmed that no new token will be created for Horizon, Aave’s initiative to integrate active active world in decentralized finance.

According to the post of March 16 of Kulechov on X, the Aave (GHOST) DAO has reached a clear consensus against the launch of an additional token for Horizon, and the development team will respect this decision. Horizon was announcement March 13 as a means of integrating Rwas into DEFI while meeting institutional standards.

A global consensus through the Aave Dao is that there is no interest in the other tokens. The consensus will be respected, Aave Dao is a real DAO. Rwa exploration will continue once a correct approach will be found.

There is only $. pic.twitter.com/tqsb51gmvw

– Stani.eth (@staniculus) March 16, 2025

The proposal included an income sharing model and a 15% possible token allocation at the Aave DAO. According to many tokens, a new token could weaken the value and development of Aave from its role of governance and the governance of the public services of the ecosystem.

Developers of eminents and members of the community have expressed concerns, which suggests that alternative strategies should be used to generate income and liquidity. Kulechov replied by declaring that Aave Labs would honor the position of the Dao and go ahead without emitting a new token.

In addition, he stressed that the Aave DAO works as a completely decentralized organization in which community members make governance decisions.

Since the token proposal had been abandoned, the future of Horizon is still uncertain. The initial objective of the project was to connect DEFI and institutional finances by allowing the money market funds to Tokenized to be promised as guaranteed for loans to the stable reserve.

It was to be developed as an authorized example of Aave under the aegis of Avara, guaranteeing regulatory conformity while preserving the efficiency and transparency of DEFI.

Aave’s potential entry into Rwas Alignments with the explosive growth of industry. According to data From Rwa.xyz, the RWA value in chain increased 19% in the last month to $ 18.63 billion. The value of chain treasury bills alone increased 400% over the past year to $ 4.26 billion.

Tokenized assets continue to register investment Main institutions such as BlackRock. March 13, Buidl, Blackrock’s tokenized Us Treasury Fund, exceeds $ 1 billion. According to analysts, the RWA market has the potential to increase to 16 dollars over the next decade, highlighting its potential as force majeure in global finance.