Morpho Founder's Vault Classification Draws Pushback From Aave's Kulechov
Paul Frambot proposed classifying onchain vaults into two regulatory categories on Sept. 24, and the idea drew pushback from Aave founder Stani Kulechov, attorney Gabriel Shapiro, and several vault infrastructure founders. The criticism centered on the proposed split between non-custodial and discretionary vaults.
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What it means
Users, vault operators, and other market participants who follow onchain vault rules would notice that a regulatory classification debate opened on Sept. 24. The immediate pushback from Aave founder Stani Kulechov, attorney Gabriel Shapiro, and several vault infrastructure founders shows that the proposal already reached people active in the sector that day.
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