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BTC $79,101.21 -0.81%
ETH $2,487.34 -0.10%
BNB $739.95 -1.00%
XRP $1.40 -0.68%
SOL $104.14 -1.67%
TRX $0.3338 -0.33%
DOGE $0.0901 +1.17%
ADA $0.2211 +1.43%
BCH $261.52 +2.14%
LINK $12.92 +5.19%
HYPE $85.54 -2.38%
AAVE $132.29 -0.60%
SUI $0.8189 +3.14%
XLM $0.1915 +4.12%
ZEC $1,167.82 -3.03%

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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