Aave founder Zeller also provided five suggestions to help the Ethereum Foundation save its inefficient ecosystem operations.
The largest lending protocol in the Ethereum ecosystem, Aave, initiated a wave of 'diss the Ethereum Foundation' remarks in the community yesterday (6). Marc Zeller, founder of the Aave contribution team, criticized the inaction of the Ethereum Foundation in recent years on X, arguing that most of the idle positions and team leaders in the Ethereum Foundation should be immediately dismissed. Although he did not mention Ethereum founder Vitalik Buterin, many comments also suggested that Vitalik should take responsibility.
Five major reform suggestions.
Zeller mentioned that the Ethereum Foundation should do the following five points to save its inefficient ecosystem operations and controversies:
1. Dismiss 80% of non-developers and many current team leadership positions.
2. Convert ETH held by the foundation into long-term test-worthy staking substitutes (LST assets).
3. Remove 95% of sponsored projects, especially those that 'only run nodes in specific cities (Vorkuta)'.
4. Do not offload Ethereum; use staking substitutes (LST assets) in lending protocols to borrow and reduce operational costs.
5. Hand over the Twitter account to people who truly understand Ethereum technology and marketing for promotion, such as @JimmyRagosa, @ethereumintern_, @antiprosynth, who each can post 20 tweets a day.
Community feedback.
After this post was released, it sparked widespread discussion, particularly around why the Ethereum Foundation does not handle funding issues through lending protocols. Some in the community mentioned that Ethereum has always been reluctant to align with any DeFi or LST protocols, yet it spent $2 billion on maintaining Danksharding and beamchain while unwilling to spend a dime on marketing. This should be coordinated; otherwise, it should be dissolved. Additionally, community member @0xVoltaireon, who previously participated in Gitcoin bonus reviews, also chimed in, believing that the Ethereum Foundation is merely a cash-filled entity.
"What I found most tragic when reviewing bonuses in the past is that the Ethereum Foundation is essentially a place filled with money, and it has been fundamentally drained by the World Economic Forum faction (WEF gang, a reference to Ethereum's upper management close to Vitalik, who abandon decentralization and embrace the ideal of a world currency), with endless projects and power completely unrelated to decentralization. (Decentralization) is just a deceptive praise under the guise of social welfare."
This post also prompted many long-term supporters of Ethereum to share and repost 'how to save Ethereum', including notable figures like Manta core contributor @victorJi15, former enzyme finance core contributor @deepcryptodive, Ethereum OG @intocryptoast, among many others. How to quell the wave of criticism initiated by the Ethereum protocol developer community will depend on how the Ethereum Foundation plans to regain lost public support.
