Aave DAO Faces Economic Challenges and Proposes Strategic Reforms

According to PANews, the Aave governance advocacy group, ACI, has released a report on the current state of the Aave DAO, highlighting economic challenges across its Layer 2 (L2) and Layer 1 (L1) instances. The report indicates that over half of these instances are economically unviable, with more than 86. 6% of Aave's revenue since the beginning of the year coming from the mainnet. Consequently, ACI suggests closing underperforming L2s and plans to propose related measures soon source: https://www.binance.com/en/square/post/29790216015241?utm_source=BinanceNewsRSS