Aave (AAVE)

aave: yo arbitrum, send back the $71m you get from the hacker, we need it

arbitrum: chill, we’re voting on it, you’ll have it in a few days. defi united, remember?

aave: bet. love that for us

(suddenly, american lawyers show up)

plaintiffs: stop right there. that $71m is ours now

aave: excuse me??

plaintiffs: we have old judgments against north korea. the hacker was lazarus group. lazarus is north korea. therefore the funds belong to north korea. therefore we seize them

aave: wait. do you have proof it was north korea?

plaintiffs: yeah, tweets

aave: …tweets

plaintiffs: and a news article

aave: but even if it was them, holding stolen funds for 5 minutes doesn’t make you the owner??

plaintiffs: yes it does

aave: so if i smash a tiffany’s window, grab a diamond, and a bystander grabs it back from me, your creditor friends can seize the diamond?

plaintiffs: correct

arbitrum: uhh… what are we supposed to do here

plaintiffs: don’t move. everything’s frozen

aave: but the funds belong to my innocent u

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