I will be making a personal donation of 100 ETH to the relief effort coordinated by @aave Labs in relation to the KelpDAO's/LZ exploit.
While I'm not involved with Aave anymore, I still believe the Aave protocol is important for DeFi overall. And the coordination effort led by
Imo:
- Suppliers agree are relatively insensitive to rates at the moment, and they **very** sensitive to specific announcements/plans regarding the unpaired collateral not affecting stablecoins on Aave Core (I really think it is the case, but uncertainty is not good for
Lots of people are dunking on the Circle proposal to shift Aave rates, and I have, inevitably, been asked my opinion. I’ll share it here publicly.
Gordon’s proposal is not incorrect directionally. He correctly diagnoses that the market is not clearing, and provides a pretty
A person I trust commented that sometimes it is important not to ignore weird propaganda, no matter how silly it seems. So, just a thought, which is highly possibly my last on the topic.
Maintenance & incremental updates are not (only) what BGD was doing for 4 years in Aave.
I am seeing this myth being spread around that the core development team of Aave left. This is indeed false. While Aave labs built V3 up to the 3.0.1 and bgd took over the progressive updates till 3.6, Labs has been independently security reviewing every single V3 iteration that
