As the Aave DAO is about to vote on the largest funding proposal in its history involving a controversial contributor, Aave Labs, we published a full audit of their (lack of) performance.
It's a very long read, but I invite everyone to dive in and form their own opinion based on evidence.
Let me bring this back to facts and observable data, not fabricated narratives.
1) No user was manually silenced by any moderator over the past week. In most cases, moderators removed the flag and restored the post.
2) A significant share of the spam or off-topic flags this week originated from Narrator. Based on public activity, this includes flags on posts that are not spam and are simply not aligned with Avaraโs position.
3) Both @DeFi_EzR3aL and @AaveChan were elected as moderators and administrators through a governance decision in 2024.
The Avara team would have known that if they hadn't spent nearly two years without logging with their account, according to official forum data.
.@aave keeps shipping week after week!
Security, scale, and real adoption all moved forward at the same time, with major upgrades, ecosystem growth.
Letโs break down the key updates below.
๐ IN THE MOMENT ๐
T-3 into the race weekend ๐ฌ๐ง
All eyes on 6 FREE new @redbullracing moments and new Abstract badges, designed by @TimpersHD & @0009ine ๐จ
Look out for special prizes too ๐
By Gate, on @AbstractChain
July 4โ6 (2 drops/day, 00:00โ23:59 UTC daily)
Stay tuned for more info!
#InTheMoment
BREAKING: Japan's 30Y Government Bond Yield surges to a record 3.43% as the Bank of Japan is now considering RAISING interest rates.
This comes just days after Japan finalized a $135 billion stimulus package.
Japan is printing stimulus, yet raising rates?
Something is broken.