Ryan Sean Adams

What I'm excited about is the problem we've had with our Lemon-type tokens is they haven't had good investor protections.

And you know, if BlackRock gets involved with the UNI token, if Apollo gets involved with the Morpho token, as these large institutions get involved with these assets, they're going to demand alignment and greater investor protection, and they're going to help mature the asset class.

I think that's the bull case.

That what we're seeing actually here is the maturing of our DeFi tokens.

And I think this is an underrated thing that's happening in the bear market, right?

Like we might come out of this in a couple of year time and be like, oh man, Aave, Uni, Morpho, those are buys.

Remember when BlackRock was just getting in during the bear market?

And they're going to make it so that it is more investable over time.

Speaking of which, the Aave token has had some alignment issues between Labs and the Aave DAO.

And there was a proposal put out last week to resolve this.

Yeah.

What do you think?

Some investors like it.

So Felipe, he's been a critic of many DeFi tokens.

He said this is amazing.

Fantastic proposal, better than my upside case.

It does everything I would want from a token holder perspective.

It aligns all existing and future revenue behind the Aave token while giving the team the funds and flexibility to compete, okay?

So he likes it.

I've seen, this is much better than the status quo, okay?