📡 According to Binance News: Aave Labs, the Kamino Foundation, and Veda submitted a legal framework summary to the SEC, arguing that ordinary overcollateralized lending and non-custodial vaults are not securities; they disagree over whether vaults where managers rebalance on users’ behalf are securities.
$AAVE is keeping a close eye. The hotter the news, the more important it is to see which way the money is flowing. What’s your move?