ACI Founder questions the voting results of the "Aave Will Win" proposal

AAVE-1,78%

PANews reports on March 3 that the temporary vote on the “Aave Will Win” funding proposal by the Aave community passed narrowly with 52.58% support. However, ACI founder Marc Zeller immediately questioned the voting results, claiming that addresses associated with Aave Labs determined the outcome. Zeller pointed out that three clusters related to Aave Labs contributed approximately 233,000 votes in favor, including 111,000 votes delegated by co-founder Stani Kulechov. According to Zeller’s calculations, removing these votes would result in 387,000 votes in favor versus 497,000 against.

The proposal requests the DAO to approve funding of up to $42.5 million in stablecoins and 75,000 AAVE tokens in exchange for Aave Labs transferring all product revenues to the DAO treasury. This vote comes amid escalating tensions within the community. Zeller previously released an audit report questioning the return on investment of approximately $86 million previously received by Aave Labs.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Myriad to Use USD1 on BNB Chain as Exclusive Settlement Asset

Prediction market Myriad is transitioning to World Liberty Financial’s USD1 stablecoin as its exclusive settlement asset. As part of the move, Myriad, owned by _Decrypt_’s parent company Dastan, is migrating its entire prediction market catalog to BNB Chain. > Welcome to MYRIAD Season 3. > > Our b

Decrypt5m ago

Solana ecosystem DeFi protocol Drift will launch cross-chain deposit functionality on March 12.

Gate News Announcement: On March 11, the Solana ecosystem DeFi protocol Drift announced that on March 12, it will launch cross-chain deposit functionality, allowing users to transfer funds from any major trading platform and start trading.

GateNews1h ago

VanEck: Bitcoin mining companies are transitioning to AI infrastructure, with valuation potential undervaluation

VanEck Research Director Matthew Sigel pointed out that Bitcoin mining stocks are attractive to investors, as mining companies are shifting toward the AI market to enhance value. Core Scientific plans to sell Bitcoin assets to expand its AI business, and Riot Platforms expects to achieve a strategic transformation by 2025. Over the past 12 months, both Core and Riot stocks have increased by 90%, while MARA has fallen 35% due to rising costs. NODE ETF has risen over 30% since its launch.

GateNews1h ago

Ferra Early Deployment Guide: Sexy Sui Chain, Distributing Rewards Online

Ferra is an all-in-one DEX on the Sui blockchain, utilizing a dynamic liquidity layer and multiple AMM engines. It has completed $2 million in funding. Users can earn points through liquidity mining and trading to participate in airdrops. The project is simple and easy to operate, with low early participation costs and strong growth potential.

PANews1h ago

Elon Musk: Macrohard is a joint project between xAI and Tesla that can simulate the entire operation of the company.

Elon Musk revealed that xAI, in collaboration with Tesla, is developing the Macrohard or Digital Optimus project, which combines Grok and AI technologies to process computer operations in real time. This system simulates the entire company's operations and is jokingly called "Giant Hard." Its goal is to create a unique and low-cost real-time intelligent AI system.

GateNews2h ago
Comment
0/400
No comments