Members of the Aave DAO clashed with Aave Labs, with some arguing that the company was not acting in the best interests of token holders. A dispute between the Aave decentralized autonomous organization (DAO), which governs the Aave decentralized finance (DeFi) protocol, and Aave Labs, the main development company for Aave products, over fees from the recently announced integration with decentralized exchange aggregator CoW Swap, continues to flare up. The issue was raised by pseudonymous Aave DAO member EzR3aL, who said that the fees generated by crypto asset swaps using CoW Swap were going to a different onchain address, not the treasury of the Aave decentralized autonomous organization. Instead, the fees are going to a private address controlled by Aave Labs. EzR3aL raised several questions, including why the DAO was not consulted before the fees were routed, and argued that the fees belong to the DAO. Read more
Ukraine has relinquished its aim to join the Nato military alliance in exchange for Western security guarantees as a compromise to end the war with Russia, President Volodymyr Zelensky said on Sunday as peace talks got underway in Berlin. Zelensky aired the concession as he flew to the German capital, where he began meetings with US President Donald Trump’s envoy Steve Witkoff and son-in-law Jared Kushner in efforts to end Europe’s bloodiest conflict since World War Two. The move marks a major shift for Ukraine, which has fought to join Nato as a safeguard against Russian attacks and has such an aspiration included in its constitution. It also meets one of Russia’s war aims, although Kyiv has so far held firm against ceding territory to Moscow. Zelensky met the US envoys at talks hosted by German Chancellor Friedrich Merz, who, a source said, had made brief remarks before leaving the two sides to negotiate. Other European leaders are also due in Germany for talks on Monday. Security guarantees from the United...
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