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DOGE $0.0902 -0.86%
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BCH $432.83 -2.15%
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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
Collection

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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