Aave Labs founder clarifies: No new token will be created for Horizon
Stani Kulechov, founder of Aave Labs, clarified on Sunday that they will not create a new token for the product Horizon proposed by Aave. The company recently introduced Horizon, aimed at integrating real-world assets into decentralized finance, sparking debate within the Aave community. A temperature check was conducted inviting the community to provide feedback on the release of Horizon's RWA products for institutions. The controversial part of the proposal indicated that if a token were to be created, the Aave DAO might receive a 15% allocation and revenue-sharing arrangement. This raised concerns that the new token could dilute the value of existing AAVE tokens and undermine AAVE's focus as the sole governance and utility token. The opposition was so strong that Marc Zeller of the Aave Chan Initiative publicly stated that he would not support the current form of the proposal. Kulechov clarified the situation to X, stating that the Aave DAO is not interested in introducing additional tokens, and developers will respect this consensus. With the token plan canceled, it is currently unclear whether Aave Labs will continue with the deployment of Horizon.
Star: Will work with industry partners to develop control standards and continue to combat abuse
On March 17th, OKX CEO Star stated that "OKX DEX is being upgraded, and aggregator trading services are temporarily suspended." OKX Web3 has implemented multiple control measures to combat abuse, including IP blocking and real-time blacklisting of addresses in restricted markets. In the future, OKX will continue to work with global partners to establish industry control standards. Star emphasized that OKX DEX aggregator does not touch or store user private keys, nor does it custody user funds. All user transactions require the use of personal private keys for signing and execution. OKX Web3 itself does not have the ability to execute any transactions or trades, playing a role in the blockchain industry similar to Chrome and Google in the internet industry, focusing on providing software and services. Many well-known companies also provide similar aggregator services, but OKX Web3 has greater influence in the industry due to community support.