Gate News bot message, although DAOs like Sky and Aave consume hundreds of millions of dollars each year, the volume of Uniswap (UNI) has been stagnant since 2021. The contrast is striking; despite the surge in DAO budgets and increased spending, growth remains elusive for some giants in the field. It is evident that without building in areas of demand, relying solely on capital is insufficient.
Even without including token incentives, Sky's annual spending reaches $238.3 million, more than three times Aave's budget of $63.6 million.
However, Aave's shortcomings in scale can be said to be compensated structurally: more than half of its budget is allocated to tangible rise efforts - risk framework, technical upgrades, and marketing.
According to its TokenLogic dashboard, a rise in just one item can bring in nearly $38 million in revenue each year.
Does Sky's annual expenditure of $238 million (approximately $20 million per month) translate into defensible total value locked (TVL), active users, or long-term protocol dominance?
Although Aave is much smaller in scale, it still needs to invest tens of millions of dollars in marketing, security, and operations despite having secured $40 billion in deposits. Most of its budget is allocated for growth, but the return on investment remains unclear.
This is no longer about spending money for rise, but rather spending money to prove return on investment. Efficiency, rather than capital scale, may be becoming the decisive metric for measuring the sustainable success of a DAO.
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The budget of large DAOs in the crypto world has inflated to hundreds of millions of dollars, and the rise remains elusive.
Gate News bot message, although DAOs like Sky and Aave consume hundreds of millions of dollars each year, the volume of Uniswap (UNI) has been stagnant since 2021. The contrast is striking; despite the surge in DAO budgets and increased spending, growth remains elusive for some giants in the field. It is evident that without building in areas of demand, relying solely on capital is insufficient.
Even without including token incentives, Sky's annual spending reaches $238.3 million, more than three times Aave's budget of $63.6 million.
However, Aave's shortcomings in scale can be said to be compensated structurally: more than half of its budget is allocated to tangible rise efforts - risk framework, technical upgrades, and marketing.
According to its TokenLogic dashboard, a rise in just one item can bring in nearly $38 million in revenue each year.
Does Sky's annual expenditure of $238 million (approximately $20 million per month) translate into defensible total value locked (TVL), active users, or long-term protocol dominance?
Although Aave is much smaller in scale, it still needs to invest tens of millions of dollars in marketing, security, and operations despite having secured $40 billion in deposits. Most of its budget is allocated for growth, but the return on investment remains unclear.
This is no longer about spending money for rise, but rather spending money to prove return on investment. Efficiency, rather than capital scale, may be becoming the decisive metric for measuring the sustainable success of a DAO.
Source: AmbCrypto