The truth behind AAVE's plummet! Summarized, this won't lead to a blowup, right?
The founder transferred the annual fee of 10 million, which should have gone to the community (DAO), directly to their own Aave laboratory, bypassing the community to pocket the profits. As a result, everyone thinks the tokens have no value and are selling off.
1. The fees earned by Aave should have gone into the community wallet to be distributed among everyone.
2. The founder bypassed the community and allocated all the money to their own laboratory.
3. The tokens lost their profit support, causing panic selling among everyone.
Currently, this is the only logic I see. Does anyone know anything else?
#加密市场观察