A Nasty DeFi Breakup Highlights Risk-Management Pitfalls for DAOs ($AAVE)

In this edition of the Bloomberg Crypto newsletter, Muyao Shen takes a look at AaveDAO’s breakup with its risk manager.

Imagine your firm’s risk manager is clashing with your business-development team. Except instead of a normal corporate setup in traditional finance, the confrontation happens in a decentralized autonomous organization, or DAO.



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