Aave Chan Initiative Founder Proposes Changes to Ethereum Foundation
According to Odaily, Marc Zeller, founder of the Aave Chan Initiative (ACI), recently shared his views on how to address issues within the Ethereum Foundation. Zeller suggested several measures, including the immediate dismissal of 80% of the non-developer team and current leadership. He also proposed converting the foundation’s remaining ETH into a market-tested LST portfolio.
Other recommendations included a 95% reduction in current subsidies, particularly initiatives such as running nodes on Vorkuta. Zeller advised against selling ETH, instead suggesting using LST to lend stablecoins through platforms such as Sky/Aave, which would help reduce operational costs. Additionally, he recommended handing over the X account to @JimmyRagosa, @ethereumintern_, and @antiprosynth, who actively promote the Ethereum ecosystem with over 20 daily posts.
