This year hasn't had autumn yet, and Aave is already in a tumultuous season 😓
The DAO governance controversy from last year has continued into this year
In February, the main development team announced their withdrawal
Now, due to KelpDAO, bad debts have surfaced
Interest rates have skyrocketed to 15% (last month it was still 2%)
I really hope that everyone's funds in DeFi can be safe, and that fewer accidents happen 🙏
The DAO governance controversy from last year has continued into this year
In February, the main development team announced their withdrawal
Now, due to KelpDAO, bad debts have surfaced
Interest rates have skyrocketed to 15% (last month it was still 2%)
I really hope that everyone's funds in DeFi can be safe, and that fewer accidents happen 🙏