The founder of Aave proposes 12 improvement suggestions for the Ethereum Foundation

On January 20th, Aave founder Stani Kulechov posted on social media saying, "I have read the Ethereum Foundation's annual budget report. Here are the measures needed to make the Ethereum Foundation (EF) sustainable:

1. Immediately reduce the burn rate from $130 million to $30 million;

2. Reduce staff numbers to 80 people;

3. Carefully review who can stay. Remove senior positions, consultants, any part-time roles, interns, freeloaders, cockroaches and parasites;

4. Prohibit advisors or any conflicts of interest;

5. Ensure that 80% of employees are technical personnel;

6. All technical teams should be split into small five-person teams each focusing on specific areas and specialties; 

7.The leadership should consist of a five-person committee selected based on performance with one serving as chairman responsible for VB; 

8.A portion of non-technical team should focus on financial management (done internally);

9.Diversify finances by investing in various long-term sustainable assets (LRSTs), DeFi projects and non-DeFi projects with good fundamentals and profitability built on Ethereum; 

10.Diversify staking income into stablecoins and invest funds in DeFi; 

11.Manage finances through borrowing and conduct timed sales when ETH performs better than other assets; 

12.Create a sustainable revenue model from transaction or staking fees to fund a reasonable EF budget.

Currently, EF is facing expenditure and financial issues.Let's solve this problem."