The Aave governance conflict has escalated into the largest-scale battle between the DAO community and its founding team in DeFi history, and the outcome will profoundly impact the evolution of governance models for crypto projects. While AAVE was previously considered a model of crypto project governance, it still couldn't escape "human nature": Its brand value primarily stems from the DAO-driven protocol's TVL and community, which Labs shouldn't monopolize; However, a pure DAO mechanism is inefficient and unable to succeed in fierce competition. A core institution like Labs is needed to drive key agendas. This isn't an isolated incident, but a fundamental governance challenge—who owns the protocol? The code? The front-end? The brand? How should these be divided? How should the interests of the core team and the community be divided? How should the profit-sharing mechanism be designed? If a consensus can be reached, AAVE may usher in new development opportunities and could create a new governance model for other crypto projects. If a consensus cannot be reached, the community and team will be torn apart, and the outcome is likely to be a lose-lose situation.