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🌕Rescue Mission Phase 1 Long Executor: AAVE DAO Votes to Recover Lost Tokens♨️📣

By Selena Rose | Selena Rose | 12 Mar 2023


Aave News

🌕AAVE DAO (Decentralized Autonomous Organization) has passed a proposal to initiate a "Rescue Mission Phase 1 Long Executor" to recover lost tokens. The bid received overwhelming support from the AAVE DAO community.

🌕The AAVE DAO community believes it is necessary to make every effort to recover the lost tokens, and therefore approved the proposal of "Long Executor Phase 1 Rescue Mission".

Aave News

🌕"This initial phase will affect the following:

⭐Users who sent AAVE, LEND, USDT and UNI to the AAVE token smart contract

⭐Users who sent LEND to the LEND smart contract

⭐Users who sent LEND to the LendToAaveMigrator smart contract

⭐Users who sent AAVE and stkAAVE to the stkAAVE contract

⭐The LEND sent to the specified contracts will be claimed already as AAVE tokens with the ⭐transformation LEND to AAVE already taken into account (1 AAVE = 100 LEND)"

Aave News

🌕The AAVE DAO community's decision to initiate the "Rescue Mission Phase 1 Long Executor" has been praised by many in the DeFi space. The move demonstrates the DAO's commitment to its users and its willingness to take action to rectify mistakes. AAVE DAO's decision to recover the lost tokens through the "Rescue Mission Phase 1 Long Executor" is a positive development for the DeFi community.  

 

📒Reference:

https://app.aave.com/governance/proposal/?proposalId=166

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Selena Rose

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Selena Rose

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