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TRX $0.3343 -0.27%
DOGE $0.0905 -0.26%
ADA $0.2200 -1.76%
BCH $259.49 -0.47%
LINK $12.71 -4.38%
HYPE $84.97 -3.05%
AAVE $131.91 -2.87%
SUI $0.8215 +0.95%
XLM $0.1918 +2.17%
ZEC $1,136.17 -6.90%

Aave Chan, founder: To solve the problems of the Ethereum Foundation, 80% of non-developers and current leaders need to be immediately dismissed

2025-01-05 17:28:44

ChainCatcher message, Aave contribution team Aave Chan Initiative (ACI) founder Marc Zeller posted on X stating that to address the issues of the Ethereum Foundation, the following actions need to be taken:

  1. Immediately fire 80% of non-developers and the current leadership;
  2. Convert the remaining ETH of the foundation into a market-tested LST portfolio;
  3. Cut 95% of the current subsidies, especially initiatives like "running nodes in Vorkuta";
  4. Do not sell ETH, but use LST to borrow stablecoins through Sky/Aave while reducing operational costs.
  5. Hand over the X account to @JimmyRagosa, @ethereumintern_, and @antiprosynth, who will post 20+ updates daily to promote the Ethereum ecosystem.
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