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Proof that the Aave protocol is not decentralized?

Aave (AAVE) has displayed strong ambitions for 2022 from the beginning of the year. Its ecosystem has undergone several changes throughout this year thanks to various development projects. But, lately, users of the Aave protocol have encountered difficulties. And according to rumors, the network would no longer be decentralized.

aave, décentralization

The protocol remains decentralized

In tweet on August 13, the project team explains the new operation of its network. She stated that she hears “ build a safe and secure system for users ». In this context, the team integrated the TRM API on the Aave IPFS interface. This integration has led to some problems, and some users have had difficulty accessing the Aave application.

That said, the Aave team integrated the TRM API after the OFAC sanctioned Tornado Cash. According to its parameters, this API “ filters and blocks addresses that have interacted with TC contracts after the sanction ». Even so-called “dusted” self-depository wallets are identified and blocked. As a result, holders of these wallets have encountered difficulties accessing the Aave IPFS interface.

The TRM API would have made incorrect calls regarding the type of wallet that should be part of the block lists. This caused a number of problems that the Aave team would have solved immediately.

She added: “ We continue to assess responsible and reasonable risk mitigation given the circumstances. ». « The Aave protocol is and remains decentralized and governed by a DAO. We encourage the community to remain engaged and actively fight for fair finance “, she concluded.

Faced with rumors that the Aave protocol is not decentralized, the project team reacted on Twitter. He stated that the network is completely decentralized and governed by a CAD. He assured that it will continue to innovate, while encouraging the community to remain engaged.

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Luc Jose Adjinacou avatar
Luke Jose Adjinacou

Far from having cooled my ardor, an unsuccessful investment in 2017 on a cryptocurrency only increased my enthusiasm. I therefore resolved to study and understand the blockchain and its many uses and to relay information related to this ecosystem with my pen.

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