Aave Founder Challenges Morpho's Vault Classifications Over User Control

Aave founder Stani Kulechov has challenged Morpho's proposed vault classifications, arguing that curators' discretion does not align with non-custodial labels.

Kulechov questioned whether timelocks and exit protections alone can justify describing certain products as non-custodial, citing the potential for implicit user approval when curators expand beyond an initial allocation mandate.

Morpho's framework distinguishes vaults by their allocation rules, management permissions, and withdrawal protections, but Kulechov argued that distributing permissions does not resolve the underlying question of who controls allocation decisions.