21% of TAKEOVER supply has now been acquired with 15% locked.
An additional 1% from the community is paying continuous taxes in TAKEOVER.
A fundamental shift in how token flywheels work.
We are very early.
The previous frontend swap on Aave had a small dick energy hard limit of 30% slippage or the swap was reverted.
Fortunately, for the low price of 8 figures of fees diverted, -60% on the token and a killed DAO.
Users can now enjoy the big DeFi energy of 99% slippage.
https://t.co/ysUtVB3pGr
Did we learn nothing from Rune trying to force Clean Money onto Maker/Sky?
Applaud the spirit, but Aave has a lot of work to do just to be more profitable. Its net interest margins look more like a nonprofit credit union’s than a bank’s.
Focus on core competencies.
@ZoraWeb3@infinex “So if something that isn’t public yet is going to change, then people close to the team are trading on information the rest of the market doesn’t have.”
Loosely this is the point of prediction markets. To bring information to light. Not to enable sports betting like markets.
Extremely concerning.
The stealth privatization of approximately 10% of Aave DAO's potential revenue, leveraging brand and IPs paid for by the DAO, represents a clear attack on the best interests of the $AAVE Token holders.
We will prepare an official response with @acier.
@MonetSupply Seems like a lot of effort to go to instead of simply having native aave yield bearing token markets on Polymarket instead of vanilla usdc. but I guess not everyone wants to take on additional sc risk.
I've created this prediction market about @elonmusk 's offer to buy @Twitter.
You can bet on the outcome you think is more likely.
The oracle used is @RealityEth with @Kleros_io as the final arbitrator.
https://t.co/6ES30BDLNT