If this is true, aave now joins Ronin/Axie as the second thing in crypto to ever be granted too big-to fail status. However these bailouts stand in stark contrast to the tax-payer funded bailouts in 2008/2009. In crypto, free market forces and participants work together to decide what is worth saving, and what's worth destroying, without government intervention. The private-market rescues of both Ronin and Aave stand as a quiet rebuke to the 2008 financial crisis propoganda: that only federal bailouts, backed by public money, can stop systemic collapse. Satoshi encoded a message into the Bitcoin Genesis Block on January 3, 2009, as the ink was still drying on the first bank bailout: Chancellor on brink of second bailout for banks Fifteen years later, we may actually be proving, through crisis coordination, that he was right, again.(Jihoz.ron)