New products announced within Aave ($ghost) ecosystem has generated both optimism and caution within the community.
While many members of the community have called for split voting and the introduction of stronger transparency and independent oversight mechanisms, significant progress has been made in the DAO’s governance process.
Following pressure from the community, Aave Labs has committed to returning 100% of revenue from branded products to the DAO Treasury. It was also announced that version V4 has been positioned as a unified technology platform and an independent trust structure has been established. These developments were interpreted as positive signals that the governance mechanisms were working effectively, especially for token holders.
Mark Zeller, founder of the Aave Chan Initiative (ACI), argued that the new proposal could carry some risks during implementation. The fact that revenue cuts can be decided unilaterally by Aave Labs without independent oversight could pose potential problems, Zeller said.
It was also criticized that the one-time request for $50.7 million (31.5% of state assets) was related to the approval of V4 and the freezing of V3 development. Additionally, a transfer of 75,000 was stated. $ghost The token could dilute governance authority by approximately 13.6%.
Zeller proposed splitting the voting process, establishing a truly independent trust, requiring wallet transparency, and introducing third-party auditing mechanisms. He said these measures will ensure that the promises made are enforceable and fair to all token holders.
However, DeFi researcher Ignace recalled that Aave Labs had been criticized in the past due to the risk of DAO devaluation, and said the recent concessions should be welcomed. $ghost holder.
However, Ignace said clarity was needed as to who would effectively manage the foundation that manages the Aave brand. He also said that 75,000 people $ghost Tokens allocated to the Foundation are not used for voting.
The transition from V3 to V4 is expected to take 8-12 months, and users want to see comprehensive stress testing completed before allocating funds to the new version. Ignace said he was cautiously optimistic about the overall picture.
Austin Barack, founder of Relayer Capital, believes that uncertainty around value sharing $ghost The token has almost disappeared. Barak said prices could rise again as investors return to a rational approach.
*This is not investment advice.
