Two weeks ago we used the framework we developed with @MCooperResearch for @metagov_project to assess "institutional readiness" for @aave.
We see Aave as best-in-class here, so the findings were a north star for others.
One thing stood out:
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This seemed inconsequential at that time, but is brought into stark focus since the @LayerZero_Core, @KelpDAO hack.
Who exactly has fiduciary duty here?
- KelpDAO (as originator)
- LayerZero (as infra)
- ChaosLabs (as risk manager)
- Aave Labs
- AaveDAO
Which person?
Apr 20, 2026 · 8:33 AM UTC
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