aavedao

"Aave's the OG 'I'm not for sale', but someone's just made Payward a 'not-so-broke' investor, according to The Block - they threw 70% at Aave as a bid, but Stani just laughed it right back to the moon

Stani just rebranded 'revenue' into 'DAO and AAVE token holder revenue', basically the community now owns 100% of the protocol and products - talk about the people deciding on people, right? #AaveDAO #CryptoCommunityFirst #DecentralizedWins

Aave's just put its own 2 cents in: if the DAO has the money, we don't need the drama of VC funding, or the 'sell' button pressed by some investors. Guess Aave's finally 'liquidated' its risk by becoming totally community-backed. So, are you ready to ride the DAO wave and become a whale?"

Aave DAO proposes contributing 25,000 ETH ($57.8 million) to "DeFi United", a joint recovery initiative to strengthen the collateral structure of rsETH and protect affected users. The initiative involves other ecosystem representatives, aiming to close the collateral gap and return market conditions to normal.

#DeFiRecovery #AaveDAO #rsETH #CryptoNews #DeFiUnited