A sneak peeks into what is happening in the Aave community revealed:  Aave stated that the promise of DeFi is to give back autonomy to individuals over their financial well-being.  Defi is hailed to be for those speculators who are willing to make use of technology to change the way the world borrows, lends, and saves.

Stani Kulechov of Aave, in his random musings, stated the following:  It was during my time in university when I found Ethereum and started to research how we could use smart contracts to create a more transparent and fair worldwide web that its users govern.

I truly believe that decentralization, transparency, and community ownership will bring a better outcome for all humans and brings decision-making closer to people. It’s about the people having direct access to decision-making that is important to them.

DeFi governance is still young – a baby. For this reason, DeFi (and web3) needs young, open minds to bring ideas and govern these protocols as these protocols will become something that will empower billions of humans over the next 20 years.

I want to urge not only student associations but any groups to take the opportunity and participate into web3 governance, whether it is DeFi or something else. Web3 needs diversity, optimism, and help to onboard even groups new to crypto.

We will not regret the outcome of decentralization. Gaming economics will rule everything around us.  Imagine if crypto punks would have a secondary market fee for each trade going to the DAO governed by the community.  Aave is forming the Aave Developers DAO that reviews and crafts on-chain payloads and maintains the Aave Protocol development.

Decentralized content distribution is much needed. Cross-chain governance will be so hot.

Stani also stated, when you have a big change in your life that requires sacrificing something you have contributed to for exploring a new journey, you are not losing anything as previous experiences will be your learnings to thrive in the future. For those who are starting new journeys.

Social capital stored on-chain will empower millions and later billions of users; think about that. However, making a fortune for being early is not as cool as contributing meaningful value at any given time and being rewarded for doing that accordingly.

Thus, the Aave ecosystem leadership seems to encourage, DeFi, NFTs, Gaming, and all the risky stuff that provide returns proportionate to the risk.