DAOs aren't doomed, they just need to evolve - Aave founder

Stani Kulechov, founder of Aave, argues that decentralized autonomous organizations (DAOs) are currently suffering from "the worst parts of corporate bureaucracy" without the accountability. Following a series of internal governance rifts at Aave, Kulechov is calling for a "structural evolution" where tokenholders stop voting on day-to-day operations—which he says slows innovation and invites political maneuvering—and instead focus on major protocol changes and treasury oversight while professional teams handle execution.