LBS Blockchain Society Delegate Platform

[TEMP CHECK] Aave Chan Initiative 6-Month Budget Proposal

Vote Result: YES

Rationale

The ACI’s work on Aave to date has been impressive, thorough, and extremely valuable to the ecosystem. ACI has led on a lot of proposals and has helped drive a lot of the operational efficiency present in Aave today. Compensating the effort is only fair, and if this is not done, then it acts as a disincentive for other contributors to work on Aave. The $250k budget may seem excessive, but the stated aims are to also grow the team, for which this budget seems fair. We agree with what @OriN and @dtalwar have said - Marc’s active participation in Aave governance has been great and very helpful.