DeFi plays the blame game
Protos breaks down the arguments over who’s to blame for the $14B meltdown sparked by Saturday’s $290M hack
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DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave
DeFi is in crisis mode with multiple lending markets at full utilization after $290M of Kelp DAO’s rsETH was hacked from Layer Zero.
Aave developer BDG Labs to ‘cease contribution’ after DAO drama
The latest in a string of Aave DAO disputes sees BGD Labs quit, citing Aave Labs’ behavior around v4 and centralization concerns.
Aave Labs v DAO: Who controls the money — and the brand?
The Aave DAO seeks to take control of “brand assets” from Aave Labs, and the result will have a “long-lasting impact on DAOs in general.”
Aave Labs faces backlash over CoW Swap integration
An Aave Labs integration of CoW Swap promising better prices and MEV protection has sparked a debate over whether fees belong to the DAO.
Is Aave’s ‘Balance Protection’ backed by Relm — an FTX insurer?
The DeFi community has voiced concerns around who and what is covered by Aave’s million-dollar “Balance Protection” for app users.
Aave proposal to peg Ethena’s USDe to USDT raises concerns
While keen to avoid being labeled as a stablecoin, Ethena's USDe is being used as such across some of DeFi's biggest players.
Aave could leave Polygon over plan to use bridge funds for yield farming
Aave is the largest protocol on Polygon, accounting for over a third of the chain’s total value locked (TVL) at $467 million.
Advisors leave Aave as protocol punishes competitors
Aave's proposed ‘Merit programme’ would use protocol revenue to reward ‘Aave-aligned’ behaviour but punish users of ‘non-aligned protocols.’