Aave Chan Founder: Ethereum Foundation Should Cut Staff and Stop Selling ETH to Address Existing Issues

Foresight News reports that Marc Zeller, founder of the Aave contribution team Aave Chan Initiative (ACI), stated that to solve the issues at the Ethereum Foundation, the following actions need to be taken: immediately lay off 80% of non-developers and the current leadership; convert the remaining ETH of the foundation into market-tested LST combinations; cut 95% of current subsidies, especially initiatives like 'running nodes in Vorkuta'; do not sell ETH, but use LST to borrow stablecoins via Sky/Aave while reducing operational costs; hand over the X account to @JimmyRagosa, @ethereumintern_, and @antiprosynth, who will each post 20+ updates daily to promote the Ethereum ecosystem.