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Connect scattered updates into a story you can understand.
Aave The community initiated a ARFC proposal to establish a foundation in the Cayman Islands to provide a legal holding arrangement for trademarks, domain names, and intellectual property in the code repository, stating that protocol governance remains under the control of token holders.
Compound The foundation was accused of using 8420000 tokens DAI to purchase COMP and delegate voting rights; the relevant flow of funds was reportedly supported by on-chain data, and the governance dispute continues.
Compound A community member accused the foundation of converting 8420000 tokens DAI into COMP to participate in governance voting, claiming that this violated the restrictions on reserve use.