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

AAVE-1,29%

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

Curve Finance accuses a decentralized trading platform of unauthorized use of its code, violating open-source licenses.

Curve Finance accuses a decentralized trading platform of unauthorized use of its code, violating open-source license agreements. If the platform wishes to legally use its features, it can contact via licensing or partnership arrangements.

GateNews59m ago

21Shares Launches First US Spot Polkadot ETF on Nasdaq

21Shares listed the TDOT ETF on Nasdaq with a physically backed structure holding actual DOT tokens. The ETF launched with about $11 million in seed capital and charges a 0.30% management fee, according to Eric Balchunas. Polkadot plans a March update capping DOT supply at 2.1B tokens

CryptoFrontNews1h ago

'Not Bridges': Cardano Builder Highlights Vision for Direct Withdrawals - U.Today

Input Output Group announced the launch of USDCx on Cardano, a Cardano-native asset backed by USDC in Circle's xReserve. This integration enhances DeFi liquidity and enables seamless interaction between Ethereum and Cardano, despite some community criticism.

UToday1h ago

Circle completes $68 million in internal settlements among 8 entities using USDC within the first month

Circle CEO Jeremy Allaire revealed that Circle has completed internal entity transfers using USDC through the Circle Mint platform, transferring over $68 million in the first month, with significantly higher efficiency than traditional bank wire transfers. The platform will launch a fund management update in March to optimize account transfers and integrate with accounting system APIs.

GateNews1h ago

OpenSea introduces the Skill feature, enabling AI agents to query NFT data

Gate News Report, March 7th, OpenSea launched the Skill feature for AI agents. Users can query information such as NFTs, listings, and transactions through the terminal, or install it as a Skill to access OpenSea's on-chain data. This feature aims to provide AI agents with more powerful data access capabilities.

GateNews1h ago

Claude Code desktop version introduces local scheduled task feature

Gate News Announcement, March 7th, Claude Code core member Thariq tweeted that the desktop version of Claude Code has launched a local scheduled task feature. Users can create scheduled tasks and set them to run periodically; as long as the computer is awake, these tasks will continue to execute.

GateNews1h ago
Comment
0/400
No comments