The cryptocurrency space looks a lot different than it did 3 years ago... I hope they focus on supporting stablecoins. All the benefits of cryptocurrency (censorship resistance, etc) without having to hold on to a volatile asset.
1. AAVE Risks per Asset https://docs.aave.com/risk/asset-risk/risks-per-asset
Have you heard of diem/libra, USDC, or celo? Not every project is tether
If you're a wall street investor, you want a bank to have an accounting firm that is completely independent from the bank it's auditing -- no side deals, no consulting services in either direction.
Presuming they are truly equally risky, DAI wins by default imo.
I’m not saying DAI is risk-free or even objectively less risky (though it could be argued); it has a different kind of risk-profile and all-together due to how it’s constructed.