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Uncover the building blocks of Aave
TL;DR:
The May 2023 financial report for the community showed a revenue of $1.1m, treasury holdings of $120.2m, and deposits of $8.1b, with a significant issue raised about a discrepancy between the vested balance and the V2 collector contract funds. Llamaxyz is working on a proposal to address this issue, which is currently under review, and the community is actively engaged in maintaining financial transparency and accountability.
The May 2023 financial report for the community was presented by Llamaxyz, revealing a revenue of $1.1m, total treasury holdings of $120.2m, with 67% of it being AAVE, and deposits amounting to $8.1b1. A significant issue was raised by Yuradmt regarding the Aave DAO's engagement with Certora. The concern was about a discrepancy between the vested balance and the funds held in the V2 collector contract2.
In response to this, Llamaxyz assured that a proposal payload is being worked on to address the issue, which is currently under review by BGD 3,5. This news was well received by Yuradmt, who expressed anticipation for the proposal and gratitude towards Llamaxyz for the update 4,6. The discussion concluded with the community eagerly awaiting the resolution of the discrepancy issue, demonstrating the community's active engagement in maintaining financial transparency and accountability.
Posted 5 months ago
Last reply 4 months ago
Summary updated 2 months ago
Last updated 04/12 00:18