Some of the users of Aave DAO, who accidentally sent their tokens to the wrong address, will now be able to recover them- as mentioned by a proposal that was passed by the decentralized autonomous organization on the 10th of March. This proposal was called the Rescue Mission Phase 1 Long Executor and did authorize the developers of the DAO to upgrade the smart contracts that went on to accidentally send the tokens in the past- which further led to the contracts being sent to the original owners automatically.
It has also been mentioned that the proposal will only affect the tokens lost under AAVE, Lend, UNI, Tether, and Staked AAVE- ones that were sent by accident to the AAVE token contract, the LendtoAaveMigrator, the LEND Token contract, and the stAAVE token contract.
Aave DAO’s Plan Could Retrieve Lost Tokens
The proposal also heavily implied the implementation of the contracts for the team. The AAVE DAO also stated that during the initialization of this smart contract, the lost tokens will be automatically sent to a separate AaveMerkleDistributor contract- after which they would be issued back to their owners.
The text from the proposal also emphasized that the tokens were to only be transferred during the initialization phase of the contracts- stating that the main idea was to be as less invasible as it was physically possible. This also implied that only the tokens that were lost in the past would be recoverable. The future tokens that were mistakenly sent to the wrong addresses, unfortunately, could have been lost forever.
The plan and the subsequent vote by Aave DAO to rescue the tokens were not as controversial as they had feared. As it turns out, the proposal was passed with more than 99.9% of the vote. Interestingly- just a single user voted against the proposal- using a single token to do that.
