yyy|8月 19, 2026 03:27
AAVE's once lifelong rival and now the fallen pioneer of lending, @compoundfinance, has been making some puzzling moves recently.
They threw down $52M, nearly draining Compound's treasury assets to recruit a new leadership team for reforms, aiming to save Compound from crisis and restore its former glory.
According to the latest audit report released this July, Compound's treasury assets totaled $56.5M.
Compound would rather empty its coffers to hire a leadership team than use the treasury assets to buy back ethereum:0xc00e94cb662c3520282e6f5717214004a7f26888.
This is something @aave does better—at least AAVE is actually doing buybacks.
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