Ignas | DeFi
Ignas | DeFi|12月 17, 2025 02:10
Most DAOs are abandoning decentralized governance. Aave is resisting this trend for the benefit of all DAOs and their token holders. Acquisitions like Axelar's, which completely disregard token holders, set a terrible precedent. It makes DeFi tokens uninvestable: token holders face all the risks but gain little upside. At the same time, DAOs can't be vulnerable for extraction by supposedly aligned entities. Case in question is Compound: despite being a leader in lending in the past, it's falling into irrelevance as 3-rd party service providers extra all the value from COMP and Compound. Thus Aave Labs, ACI, BGD Labs etc. should find alignment that incentivizes building for 'Aave' together while making AAVE the owner of everything-Aave.(Ignas | DeFi)
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