Aave Founder: Ethereum Foundation Should Downsize and Halt ETH Sales to Address Current Issues

BlockBeats News, January 5th, Founder of Aave Contribution & Aave Chan Initiative (ACI) Marc Zeller posted on X, stating that to address the Ethereum Foundation's issues, the following needs to be done:

Immediately dismiss 80% of non-developers and current leadership;

Convert the remaining ETH of the Foundation into a market-proven LST portfolio;

Reduce current subsidies by 95%, especially initiatives like "running nodes in Wokuta";

Do not sell ETH but use LST to borrow stablecoins through Sky/Aave while reducing operating costs;

Hand over X account to @JimmyRagosa, @ethereumintern_, and @antiprosynth, who will daily post 20+ updates to promote the Ethereum ecosystem.