GHO's annual revenue stream—hovering between $10-15 million—has become the flashpoint in an internal power struggle. AAVE DAO and AAVE Labs are locked in a tug-of-war over who controls this income source. The market has largely dismissed it as organizational dysfunction, but here's the real story: they're fighting over a slice of $150 million in annual protocol revenue. That's not noise—that's structural wealth. BlackRock's hesitation to deploy north of $500 million into the ecosystem hinges on one critical factor: legal clarity around governance and revenue rights. Institutional capital doesn't move without institutional certainty. The resolution? Both sides are signaling toward a compromise framework scheduled for Q2 2025. The emerging structure aims to distribute control in a way that satisfies regulatory scrutiny while preserving the DAO's decision-making authority. When you strip away the governance drama, what you're seeing is how mature DeFi protocols solve the age-old question: who owns the cash flow, and under what terms can trillion-dollar institutions feel comfortable participating?