Hi everyone,
Firstly I would like to thanks @eboado @Andyko @Emilio for staying in the ecosystem and looking to contribute forward to the maintaince and innovation of the Aave protocol. As ex-COO of Aave, I worked alongside them for the past 4 years and they are the Aave Protocol.
Secondly I think the cost is quite reasonnable and aligned with the current Business to DAO models out there (see Gauntlet) especially knowing that the Protocol would not be taking a bet on an unknown team but literally paying those who built and created its architecture to continue working on it.
There is plenty of tasks at hand from migrating the safety module to the tokenomics revamp which don’t have a strong lead in the community and i know they work with security first in mind.
One of the many issue most DAOs face today is the lack of community contributor who are well incentivized and have deep knowledge of the ins and outs of the code base; While the companies behind those protocol often work on others projects and sidequests as the marketing or financial upside looks more rewarding than focusing on innovation of the OG protocols.
Finally in a position where the founding team decide to stay around and work as community members having to be transparent and responsible in the eyes of the community is probably the best for the Aave protocol and i can’t think of any other protocol who has this luck.
So for me this is a no brainer, those are “the devs behind the aave protocol” who built during the last bear market and made the transition between ETHLend and Aave.
I will vote yes to this proposal.
Long the Bored Ghosts