[TEMP CHECK] Qualify the security incident 04-11-2023 as a shortfall event

Governance
52

I am here to talk about the actual reality, not a made up hypothesis where someone would whale buy $10B of AAVE token (why did you stop at $10B, why not $10T?)

In reality (as of now), the top 4 addresses with 200k token decide the vote outcome, thats 4 people with $20m deciding on the balance of $8.5bn

Absolutely nothing wrong with that, but glad I found out so i can act accordingly.

53

With 95.79% NAY vote on the snapshot vote, this proposal is now archived.

4 Likes
54

Since you seem new here, and Iā€™m going to assume good faith, I encourage you to read more about the governance process, particularly delegation.

1 Like