Aave and Maker clash over $2 million profit-sharing agreement

MakerDAO's lending protocol Spark (a fork of Aave v3) has been accused of violating its agreement with Aave DAO. According to representative Marc Zeller, in February 2023, Phoenix Labs, the company behind Spark, proposed to share 10% of the protocol's profits over two years as a thank you for using the Aave code. The proposal estimated that Spark would pay Aave a total of $2 million, but Spark did not fulfill its agreement obligations. Marc Zeller further explained that due to some creative accounting operations by MakerDAO, the actual revenue share was closer to 1%. He called on the two DAOs to take a more collaborative approach and urged other members of the Aave DAO to comment on the issue. The request for comment provides the DAO with the option of declaring MakerDAO in violation of the agreement and treating Spark as an "unapproved fork of the Aave codebase." (DLNews)