DeFi 巨頭因 DAI 擴張發生衝突，Aave 措施引發碎片化擔憂

Aave DAO 已採取積極措施來應對 MakerDAO 快速擴張 DAI 穩定幣帶來的風險。擬議的調整旨在保護 Aave 協議免受 MakerDAO 激進的 D3M 計劃帶來的潛在漏洞的影響，這表明了 Aave 對風險管理和麵對市場波動的彈性的承諾。

Aave's Proactive Measures to Counter MakerDAO's Aggressive Expansion Raise Concerns About DeFi's Fragmentation

Aave 為應對 MakerDAO 激進擴張而採取的積極措施引發了人們對 DeFi 碎片化的擔憂

Amidst a rapidly evolving DeFi landscape, tensions between two industry titans, Aave and MakerDAO, have reached a boiling point, sparking concerns about the potential fragmentation of the ecosystem. Aave's recent actions, aimed at mitigating risks associated with MakerDAO's rapid expansion of its DAI stablecoin, have ignited a fierce debate within the community.

在快速發展的 DeFi 格局中，兩個產業巨頭 Aave 和 MakerDAO 之間的緊張關係已經達到沸點，引發了人們對生態系統潛在片段化的擔憂。 Aave 最近的行動旨在減輕 MakerDAO 快速擴張其 DAI 穩定幣帶來的風險，引發了社區內的激烈爭論。

Aave's Calculated Response to DAI Expansion

Aave 對 DAI 擴張的精心計算的回應

In a proactive move to address potential vulnerabilities, Aave's Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of DAI across all Aave deployments. This proposal, spearheaded by the Aave Chan Initiative (ACI) team, recommends a significant adjustment to DAI's loan-to-value ratio (LTV) to 0%, a move that aims to quell risks stemming from MakerDAO's aggressive D3M plan.

為了主動解決潛在漏洞，Aave 的風險框架委員會 (ARFC) 提議調整所有 Aave 部署中的 DAI 風險參數。該提案由 Aave Chan Initiative (ACI) 團隊牽頭，建議將 DAI 的貸款價值比 (LTV) 大幅調整至 0%，此舉旨在平息 MakerDAO 激進的 D3M 計劃帶來的風險。

Countering MakerDAO's D3M Plan

對抗 MakerDAO 的 D3M 計劃

MakerDAO's recent expansion has seen its DAI credit line surge to an estimated 600 million DAI within a month, posing significant challenges to DeFi stability. Aave's proposed adjustments aim to minimize potential risks associated with DAI deposits, safeguard its ecosystem, and protect its users' interests. Additionally, the proposal suggests removing sDAI incentives from the Merit program, a move intended to reduce exposure to DAI-related risks while minimizing disruption to users.

MakerDAO 最近的擴張使其 DAI 信用額度在一個月內飆升至約 6 億 DAI，這對 DeFi 穩定性構成了重大挑戰。 Aave 提出的調整旨在最大限度地減少與 DAI 存款相關的潛在風險，維護其生態系統並保護其用戶的利益。此外，該提案建議從 Merit 計劃中取消 sDAI 激勵措施，此舉旨在減少 DAI 相關風險，同時最大限度地減少對用戶的干擾。

Governance Integrity and Community Alignment

治理誠信和社群協調

Aave's actions have also highlighted its commitment to governance integrity. Marc Zeller, the founder of ACI, emphasized the DAO's autonomy in redistributing profits and optimizing incentives to benefit the broader Aave ecosystem. This move underscores Aave's dedication to maintaining its community's cohesion and shared interests.

Aave 的行動也凸顯了其對治理誠信的承諾。 ACI 創辦人 Marc Zeller 強調了 DAO 在重新分配利潤和優化激勵方面的自主權，以使更廣泛的 Aave 生態系統受益。此舉突顯了 Aave 致力於維護社區凝聚力和共同利益的決心。

A Critical Juncture for DeFi

DeFi 的關鍵時刻

These developments come at a critical juncture for DeFi, emphasizing the importance of fostering open collaboration and avoiding isolated ecosystems. The implications of conflicts such as these extend beyond individual protocols, potentially stifling the sector's growth and innovation.

這些發展正值 DeFi 的關鍵時刻，強調了促進開放合作和避免孤立生態系統的重要性。此類衝突的影響超出了單一協議的範圍，可能會抑制該行業的成長和創新。

Observers outside the Aave-MakerDAO conflict have expressed apprehensions over the potential ramifications. Gnosis co-founder Martin Köppelmann stressed the significance of interdependency within DeFi, warning against the consequences of losing shared incentives that ensure stability and progress. Similarly, Matt Fiebach, a research analyst at Blockworks, expressed concerns about the possibility of DeFi devolving into walled gardens.

Aave-MakerDAO 衝突以外的觀察家對潛在後果表示擔憂。 Gnosis 聯合創始人 Martin Köppelmann 強調了 DeFi 內部相互依賴的重要性，警告不要失去確保穩定和進步的共享激勵的後果。同樣，Blockworks 研究分析師 Matt Fiebach 也表達了對 DeFi 可能演變成圍牆花園的擔憂。

Conclusion

結論

The ongoing tensions between Aave and MakerDAO have brought the future of DeFi into sharp focus. Aave's proactive measures, while intended to mitigate risks, have sown seeds of discord within the community. The DeFi ecosystem stands at a crossroads, facing the critical choice of fostering collaboration or allowing fragmentation to prevail. The outcome of this conflict will shape the future of DeFi, and its impact will be felt far beyond the confines of individual protocols. Only time will tell whether the DeFi ecosystem can navigate this turbulence and emerge stronger and more united.

Aave 和 MakerDAO 之間持續的緊張關係使 DeFi 的未來成為人們關注的焦點。 Aave 的主動措施雖然旨在降低風險，但卻在社區內播下了不和的種子。 DeFi 生態系統正處於十字路口，面臨著促進協作還是允許碎片化盛行的關鍵選擇。這場衝突的結果將塑造 DeFi 的未來，其影響將遠遠超出單一協議的範圍。只有時間才能證明 DeFi 生態系統能否渡過這場動盪並變得更強大、更團結。