TechFlow News: On April 24, Marc Zeller, founder of the Aave ecosystem contribution organization Aave Chan Initiative (ACI), proposed establishing a deposit treasury named “DeFi United ETH” instead of launching a donation campaign. Under this proposal, Aave’s wETH revenue would be channeled into the treasury, with a capped yield of 5% APR. Additionally, a tradable deposit token named “AaveETH” would be issued, and both interest and principal would be repaid gradually. Zeller stated users could deposit ETH into the treasury, whose capacity ceiling could be set to match the total shortfall under worst-case scenarios; in his assessment, more than sufficient funds could have been raised last Saturday to cover the required amount. Zeller also noted that Aave generates ample revenue, and both the Aave DAO and Aave Labs hold nine-figure treasury balances.
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