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Aave Chan, the founder, proposes establishing a deposit treasury: using the revenue to cover Aave's shortfall
ME News Report, April 24 (UTC+8), Aave ecosystem contributor organization Aave Chan Initiative (ACI) founder Marc Zeller proposed that instead of initiating donations, it would be better to establish a deposit vault called “Defi United Eth,” which would incorporate Aave’s wETH income into the vault with a yield cap set at 5% APR, and issue a tradable deposit token “AaveETH” to gradually repay interest and principal. He stated that users can deposit ETH into the vault, with the vault capacity limit set to the total shortfall in the worst-case scenario; according to his judgment, more than the required funds could be raised last Saturday. Marc Zeller also said that Aave has sufficient income, and both Aave DAO and Labs hold nine-figure treasury funds. (Source: ODAILY)