#Aave Founder Proposes Reform for Ethereum Foundation#

Aave founder Stani Kulechov recently proposed 12 reforms to the Ethereum Foundation (EF)'s budget and operating structure, sparking community discussion. Stani pointed out that the EF currently has excessive spending and fund management issues, suggesting a reduction in annual expenditure to $30 million, limiting the number of employees to 80, and optimizing the team structure to ensure that 80% of the team members are technical personnel. He also suggested reforming the leadership structure by establishing a 5-person leadership committee with Vitalik as chairman, and strengthening fund management by diversifying investments into low-risk long-term assets, DeFi projects, and profitable projects in the Ethereum ecosystem, using staking rewards to convert into stablecoins, and generating additional income through DeFi. Furthermore, Stani suggested establishing a sustainable revenue model to support a reasonable EF budget through transaction fees or staking rewards. Stani believes that the current EF team size is too large, leading to communication gaps, and streamlining it to a more efficient size will benefit long-term sustainable development. Notably, Vitalik Buterin also announced changes in the Ethereum Foundation leadership, aiming to achieve five goals, which coincides with Stani's suggestions, indicating that the Ethereum Foundation is actively seeking reform to better address future challenges.