🔔 Aave Governance Dispute Escalates as ACI Releases "Aave Labs Audit" Report Amid Intensifying Tensions Ahead of $51M Funding Proposal Huo Xing Cai Jing reports that tensions within the Aave community governance have intensified once again. Just before the vote on a $51 million proposal—termed "the largest funding request in Aave's history"—the Aave Chan Initiative (ACI) and its founder Marc Zeller released an "audit" report targeting Aave Labs, sparking widespread discussion. ACI stated on social media that, prior to the $51M Aave Will Win proposal entering Snapshot voting, the community should review Aave Labs’ past performance and its cumulative use of approximately $86 million in funds. Zeller noted that ACI had already published its own transparency report and applied the same framework—"what was delivered, at what cost, and what return was achieved"—to evaluate Aave Labs. The report indicates that Aave Labs’ total capitalized funding amounts to approximately $86 million, comprising: $16.2 million from its 2017 ICO, $32.5 million from VC rounds, $31.93 million in direct DAO grants, and approximately $5.5 million in allegedly unauthorized swap fees. Zeller also mentioned that the founding team originally held 23% of the initial LEND supply (later migrated to AAVE), but current AAVE holdings have not been publicly disclosed. The report questions why Aave Labs has yet to release an "accountability report" detailing cost-benefit ratios, financial disclosures, and wallet transparency, arguing that despite years of substantial funding, disclosure remains inadequate. https://t.co/Wy5X72jPU0