TLDR Tech / Crypto
Chaos Labs Is Leaving Aave After Three Years
Chaos Labs CEO Omer Goldberg announced the firm is proactively terminating its risk management engagement with Aave despite the DAO offering a $5M budget to retain them, citing a fundamental misalignment on risk philosophy rather than compensation. During Chaos Labs' tenure, Aave grew from $5.2B to $26B+ in TVL, processed $2.5T in cumulative deposit volume, and achieved zero material bad debt. The departure was driven by three compounding issues: core Aave contributors leaving and increasing operational risk, V4's expanded scope requiring risk management that Chaos Labs believes demands a different approach, and a broader disagreement on how risk should evolve at Aave's scale.
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