A major DeFi leader wants to solarize the world — again
DeFi developers, Aave Labs, want decentralized finance to flex its might against climate change. And, also, (just by the way) $50 million, too.
Aave creator Stani Kulechov has clearly been reading his Ezra Klein, and it’s giving me feelings.
Do I need the conversation about reimagining of the Democratic Party spilling over onto Crypto Twitter? No, I do not.
Kulechov’s creation, Aave, is now the largest pool of money in all of decentralized finance (DeFi), with $27 billion locked in its smart contracts. Right now, Kulechov really wants the DAO he created to give the company he created (give or take) $50 million to fund its next year of work. And! Oh, by the way, he also has a plan to halt climate change along the way.
Kulechov called his vision of DeFi-powered green energy “Funding Abundance.”
“Abundance,” huh?
In a conversation about the proposal he had on an Unchained livestream Monday, Kulechov said, “We want to bring the energy back from DeFi summer, when everyone was cooking."
Longtime observers of the weird world of DeFi governance may remember a similar pitch when Rune Chri…