The Aave Chan Initiative (ACI), one of the most influential governance groups within the Aave DAO, has announced it will shut down following a dispute over transparency and voting power tied to a record-breaking budget proposal from Aave Labs. The decision marks a significant shift for Aave, the leading decentralized finance (DeFi) protocol, which currently holds nearly $27 billion in total value locked (TVL) across 20 blockchains.
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