The new AAVE proposal requires that the Aave DAO should commit to choosing the ETH 1.27%-news/">Ethereum mainnet running under the proof-of-stake consensus, rather than any fork of Ethereum running an alternative consensus (such as proof-of-work).
If the proposal passes, the Aave protocol will be shut down on the proof-of-work (PoW) Ethereum chain. The proposal argues that the Aave protocol, as one of TVL’s largest DeFi applications and an essential part of the infrastructure, powers hundreds of other dApps and experiences in the DeFi ecosystem.
The DAO should send a clear signal to the DeFi ecosystem, and the Aave DAO should clarify its stance on Ethereum mergers, that the Aave protocol should be committed to the Ethereum mainnet, and operate under Proof-of-Stake consensus.
