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Why the Launch of Aave V4 Triggers a Crisis in the DAO

Why the Launch of Aave V4 Triggers a Crisis in the DAO


14h05 ▪
4
min read ▪ by
Fenelon L.

Summarize this article with:

The most used DeFi protocol in the world is going through an unprecedented turbulence zone. The deployment of Aave V4 on Ethereum, presented as a major breakthrough for the crypto ecosystem, has instead opened deep fractures within its own organization. Between dramatic departures, catastrophic transaction and governance war, Aave is currently playing one of the most delicate parts of its history.

1970s comic book illustration: A crypto developer triggers a chaotic swap; a ghostly orange energy bursts forth; DAO members panic in a futuristic room.1970s comic book illustration: A crypto developer triggers a chaotic swap; a ghostly orange energy bursts forth; DAO members panic in a futuristic room.

In brief

  • Aave Labs submitted a governance proposal on…

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