Decentralized autonomous organizations (DAO) operate via proposals and votes of the participants who have governance power. The majority of the votes, if in support or against decide the fate of the proposal. They also get stuck in arguments sometimes, as the recent one over the Aave platform. One side is seeking the safeguard of the network while the other side calls it a violation of “neutrality” over the protocol.
The proposal was put forward by Gauntlet, a known financial modeling firm. It cited an Ethereum wallet address accumulating debt worth $67.7 Million. The loan was taken out in the form …
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