AAVE plummets 10%, governance crisis triggers "core internal conflict"!



DeFi giant Aave experiences its worst governance collapse in history. Due to a funding proposal passing by only a 52% slim margin, the protocol's core contributor ACI announces disbandment and withdrawal.

ACI founder accuses the proposal of conflicts of interest: "The largest budget holder used their voting power to pass their own proposal, leaving independent teams with no foothold."

This is the second top contributor team to leave after BGD Labs. After three years of driving 61% of governance actions, ACI's departure tears apart DeFi's "decentralization" facade. Major holders' positions have nearly been halved, and the market votes with a sharp decline.

The code is still running, but the ideals have exited. When proposal rights become tools for利益, how long can trust in the DAO last?
AAVE1,1%
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WEAL9231vip
· 03-08 20:36
Wishing you great wealth in the Year of the Horse 🐴
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