Aave Governance Vote Triggers Backlash
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A governance proposal in Aave DAO asking whether token holders should regain control of domains, social accounts, and IP has sparked backlash. The vote was escalated prematurely, according to former Aave Labs CTO Ernesto Boado, breaking community trust. Snapshot data shows extreme voting power concentration, with the top three holders controlling over 58% of the vote. Critics warn that such centralization undermines the fairness of token-based governance, while Stani Kulechov’s recent $10M token purchase only adds fuel to the debate over power and influence within Aave. -
Don't make a DAO if you don't want a DAO
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Decentralization isn’t a vibe, it’s a commitment.
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Token governance only works if you respect the vote.