#Aave Founder Suggests Ethereum Foundation Reform#
Hot Topic Overview
Overview
Aave founder Stani Kulechov recently proposed 12 reforms for the Ethereum Foundation (EF) budget and operational structure, aiming to address EF's current high spending and fund management issues. He suggested reducing the annual expenditure from $130 million to $30 million, limiting the number of employees to 80, optimizing team structure, and ensuring 80% of the team members are technical personnel. He also proposed establishing a 5-person leadership committee, chaired by Vitalik Buterin, and strengthening fund management through diversified investments, staking yield conversion, and other measures, ultimately establishing a sustainable revenue model. Stani believes that the current EF team is too large, leading to communication breakdowns. Streamlining team size can improve efficiency and focus on long-term sustainable development. It is noteworthy that Vitalik Buterin also announced leadership changes in the Ethereum Foundation, aiming to achieve five goals, the details of which are yet to be released.
Ace Hot Topic Analysis
Analysis
Aave founder Stani Kulechov recently proposed 12 reform suggestions aimed at addressing the Ethereum Foundation's (EF) excessive spending and financial management issues, aiming for sustainable development. Stani believes the EF should reduce its annual expenditure from $130 million to $30 million, limit its staff size to 80 people, streamline team structure, dismiss unnecessary positions, and ensure that 80% of its team members are technical personnel. He suggests establishing a 5-person leadership committee chaired by Vitalik Buterin, strengthening financial management by diversifying investments in low-risk long-term assets, DeFi projects, and profitable projects in the Ethereum ecosystem, converting staking rewards into stablecoins, and generating additional income through DeFi. Stani also recommends establishing a sustainable revenue model to support a reasonable EF budget through transaction fees or staking rewards. Meanwhile, Vitalik Buterin also announced leadership changes at the Ethereum Foundation, stating that they aim to achieve five goals, the specific details of which have not yet been disclosed.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Ethereum Foundation needs to cut expenses and staff to achieve sustainability.
Ethereum Foundation needs to optimize team structure, streamline personnel, and focus on technical teams.
Ethereum Foundation needs to reform leadership structure and establish an efficient leadership committee.
Ethereum Foundation needs to strengthen fund management, diversify investments, and establish a sustainable revenue model.