Marc Zeller, founder of the Aave Chan Initiative (ACI) contribution team, posted on X stating that in order to solve the problems of the Ethereum Foundation, the following steps need to be taken:
Immediately dismiss 80% of non-developers and current leaders;
2. Convert the remaining ETH of the foundation into a market-tested LST combination;
3. Cut current subsidies by 95%, especially initiatives like "running nodes in Vultr";
4. Do not sell ETH, but use LST to borrow stablecoins through Sky/Aave and reduce operating costs.
5. Transfer the X account to @JimmyRagosa, @ethereumintern_, and @antiprosynth, who will post 20+ updates daily to promote the Ethereum ecosystem.