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Aave Chan, the founder, proposed establishing an ETH deposit vault to cover the worst-case shortfall.
Deep Tide TechFlow News, April 24 — Marc Zeller, founder of the Aave ecosystem contribution organization Aave Chan Initiative (ACI), proposed that instead of initiating donations, it would be better to establish a deposit treasury called “Defi United Eth,” which would incorporate Aave’s wETH income into the treasury with a yield cap set at 5% APR, and issue a tradable deposit token “AaveETH” to gradually repay interest and principal. He stated that users can deposit ETH into the treasury, with the treasury capacity limit set to cover the worst-case shortfall; according to his judgment, more than the required funds could be raised last Saturday. Marc Zeller also said that Aave has sufficient income, and both the Aave DAO and Labs hold nine-figure treasury funds.