[TEMP CHECK] Aave Decentralized Acqui-Hire Framework
Vote Result: NO
Rationale
Our rationale for voting NO against this proposal was outlined in our comment. Namely:
- There’s a lot of sell pressure that can be induced through this strategy if there’s backlash from holders - that’s not ideal for the AAVE token. Moreover, the optics are worse if a significant portion of the new supply is sold. That could have negative secondary effects in the market.
- The hypothesis is interesting but it’s entirely untested. Attracting skilled teams sounds like a good idea on paper, but what are practical examples of teams here? As you pointed out yourself, the incentive for many of these teams to partake is not clear.
- We also agree with the points made by @MrKris - there’s still a lot of depth missing in the proposal, and while it’s a good and interesting idea, we’re not convinced of it at the moment.