The founder of Aave proposed to establish a deposit fund to repay the gap with earnings and stabilize market confidence

By: rootdata|2026/04/24 16:42:01

The founder of the Aave Chan Initiative (ACI), Marc Zeller, stated in a post that instead of initiating donations, it would be better to adopt the following plan:

Establish a deposit vault named "DeFi United ETH"; transfer Aave's wETH income into this vault, with an annual yield cap set at 5%; tokenize and make the vault deposit certificates tradable, named "AaveETH"; gradually repay the gap through interest and principal.

He suggested allowing users to deposit funds and setting the vault capacity to the worst-case gap size. Zeller indicated that if this plan had been adopted at the time, sufficient funds could have been raised as early as last Saturday. He believes that Aave itself has ample income, and both Aave DAO and Labs have several hundred million in reserves, which can ultimately resolve the issue and avoid market panic. He added that he would also deposit most of his ETH into this vault.

-- Price

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