Cooki's Corner

As an outsider looking in, all of these orgs seem corrupt and unethical. I also have doubts about there being any defensible moats on a long time horizon, and that’s assuming the governance tokens grant you anything at all

this is what I mean when I say none of this shit is investable

Make no mistake, this is approved comms from Aave labs, Stani, and Zeller. 

For years under DAO service, we were barred from speaking to the press and faced veiled threats to remove any unapproved tweets. https://t.co/dBt8LedbyO

Undoubtedly true.

Maybe even more interesting, I've spoken to teams who voted for the Aave proposal to reduce the LTV on stablecoin assets on Polygon PoS to 0%.

Their reason: "We were forced to when the Aave team threatened to no longer work with us. We've seen it happen…

Degen CEO of Polygon Labs (※,※)

As an outsider looking in, all of these orgs seem corrupt and unethical. I also have doubts about there being any defensible moats on a long time horizon, and that’s assuming the governance tokens grant you anything at all

this is what I mean when I say none of this shit is investable

https://x.com/0xmarcb/status/1898539032159621290?s=46&t=oa9Sk-kC-vkP9ihyqeAtWQ

Aave is an iconic Defi protocol. When I proudly speak about Defi to non-crypto ppl, I give them example of Aave. 

Now imagine some of those people come to crypto and dig deeper into Aave governance and realize that at the leadership level it's controlled by one single individual…

Sandeep | Polygon (※,※)

Solidity Engineer | Researcher | Onchain Degen | DMs Open | https://github.com/0xCooki

the mud slinging continues

https://x.com/sandeepnailwal/status/1899167618604683331