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ETH $2,417.69 -1.95%
BNB $682.74 -1.20%
XRP $1.35 -1.92%
SOL $100.04 -2.86%
TRX $0.3222 -3.09%
DOGE $0.0816 -1.35%
ADA $0.1966 -0.47%
BCH $246.00 -0.37%
LINK $11.23 -0.75%
HYPE $82.70 -1.58%
AAVE $127.75 +3.08%
SUI $0.7216 -0.65%
XLM $0.1757 -0.81%
ZEC $829.81 -2.15%

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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