My hot take about aave , as an outsider (could be wrong)
It was a somewhat risky product made less risky by a team of service providers headed by ACI herding cats and stewarding the protocol
Once you start taking that team apart the wagon also falls apart
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Imo if @StaniKulechov really wants aave to succeed he need to pivot Aaves liquidity and risk strategy to something more conservative and risk adjusted
Running Marc’s aave without Marc doesn’t work.
But v4 gives tools to create something different, maybe better
Fun fact: It is said that Warren Buffett holds a large amount of cash, but in reality he holds highly liquid bonds. Although both earn interest, putting it into a DeFi platform like AAVE is far more thrilling.
Aave LLC has filed an emergency motion with a US federal court seeking to lift the freeze on approximately $73 million worth of ETH. The funds are related to the Kelp DAO attack on April 18, and on May 1 the court ordered a restriction on Arbitrum DAO's transfer of the recovered funds. Aave says the plaintiff's claim that the attack was attributed to the Lazarus Group is unverified. Aave founder Stani Kulechov stated, “Thieves do not own what they have stolen,” and the funds belong to the victims. (The Block)
https://t.co/fyA8vRd6yz
