Just to reaffirm how terrible Aave Labs is and how uninvestable AAVE token is despite how much their team wants to psyop you into believing they care, they’re still on a multi year plan to slow rug the DAO and treasury 1. Aave Labs rugs front end revenue from the DAO. Huge controversy. DAO rigs votes & governance process in their favor. Eventually they propose and pass “Aave Will Win” which says they’ll direct all revenue to the DAO (wait until you see #2 lmao). But the Labs also votes themselves $25mil for operations and an additional $17.5mil for hitting objectives like $5mil for launching and app (what’s the point of the $25mil?) 2. Soon after they get rekt on the rsETH bridge exploit and pause buybacks (more good news fork token holders 🙃). Buybacks have not resumed btw 3. Of course in the meantime they’re in no rush to resume buybacks but they are in a rush to get the app launched so the Labs can cash in their $5mil performance bonus for shipping an App… 4. And now they’re setting up another Cayman Islands entity 🤦🏼‍♂️ because this time it’s really gonna align incentives ! By the way the DAO is being asked to foot the bill for this again. **wtf was the point of funding Labs with $25mil if the DAO is still funding everything after that? There’s many sub $10mil memecoins with more holder alignment and holder revenue than AAVE