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Aave reorganization: L2 shutdown and $100 million GHO push sparks controversy

Source: CoinWorld
Aave DAO is closing more than 50% of underperforming L2 instances, restructure its governance framework and investing more than $100 million to boost GHO stablecoin. The move aims to refocus resources on the profitable network and move from a low-margin lending model to a high-margin stablecoin model that has the potential to boost AAVE’s revenue and valuation despite short-term risks.
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