AAVE DAO votes for 'rescue plan' to save lost tokens

AAVE DAO votes for ‘rescue plan’ to save lost tokens


Some AAVE users who accidentally sent tokens to the wrong address may soon be able to recover them, according to the text of a proposal passed by the AAVE decentralized autonomous organization (DAO) on March 10. The proposal, called “Rescue Mission Phase 1 Long Executor,” authorized AAVE developers to upgrade smart contracts that have been mistakenly sent tokens in the past, causing the contracts to automatically send the lost tokens back to their original owners.

Here’s your chance to join the rescue mission. Vote now https://t.co/JJr6qhTKAv

— Aave (@AaveAave) March 7, 2023

The confirmed proposal only affects lost AAVE, LEND, Tether (USDT), Uniswap (UNI) and staked AAVE (stkAAVE) tokens that were mistakenly sent to the AAVE token contract, the LEND token contract, the LendtoAaveMigrator, or the stAAVE token contract.

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It further authorized the

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