I fully stand behind @MarcZeller and the transparency report published by ACI. The data is indisputable: $86 Million in historical capitalization, yet now Aave Labs demands an additional ~$51M while bypassing every single transparency condition before escalating to Snapshot.
This brings us directly back to my proposal: [TEMP CHECK] Securing True Decentralization: Forking Aave V3 or an Outright DAO Buyout of Aave Labs IP. If the DAO is paying such an astronomical sum, why are we not buying out Aave Labs and all its Intellectual Property (IP) entirely?
Let’s be honest: Aave Labs is treating the DAO like an ATM. The “Foundation” transition is a smokescreen. The strategy is to sell the brand to the DAO while using a forced V4 migration to create a new “vendor lock-in” mechanism, ensuring disproportionate financial extraction continues indefinitely.
As someone who has managed in a global corporation, I am stunned by the lack of vision here. It is nearly impossible to sabotage a market-leading protocol that generates ~$150M in annual revenue, yet the current leadership is achieving exactly that through amateurish greed. There is zero trust left in Aave Labs or Stani. A healthy, collaborative relationship is now structurally impossible.
Most alarmingly: We just witnessed a newly created on-chain wallet purchase 2 million AAVE right before this critical vote. Who is behind this massive, last-minute accumulation? The community deserves to know if governance is being bought to force through a $51M extraction.
Delegates, do not fund this endless extortion. We must either mandate a 100% IP buyout or fork the V3 codebase to end this toxic dependency once and for all.