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Aave founder disputes proposed onchain vault regulator categories

Reported · Written up by our desk · Regulation

According to The Defiant, Paul Frambot proposed that onchain vaults be split into two categories, noncustodial and discretionary, for regulators.

The outlet said Aave founder Stani Kulechov criticized the proposed split as self-serving.

The Defiant also reported that vault builders pushed back, saying a timelock does not remove the manager.

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Sources

The DefiantMorpho Founder's Vault Classification Draws Pushback From Aave's Kulechov

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