⚡️ Aave and Gauntlet Part Ways Over Risk Management Services ⚡️

📅 Date: February 23, 2024

🔄 Partnership Dissolved:
- Aave, the decentralized lending platform, is parting ways with Gauntlet, its previous provider of risk management services.
- Gauntlet co-founder John Morrow announced the decision on AAVE forums.

🤝 Reason for Split:
- Strained relationship due to inconsistent guidelines and unwritten objectives from Aave DAO stakeholders.
- Incidents like the AIP-371 fiasco and Chaos on Optimism contributed to the decision.
- Gauntlet also mentioned perceived moonlighting for direct competition.

🔍 Gauntlet's View:
- Gauntlet is actively searching for a replacement and remains open to working with Aave/Avara in the future.

💬 Community Response:
- Former Aave Labs CTO Ernesto Boado and current community member disagreed with Gauntlet's portrayal of events.
- Marc Zeller, Aave DAO service provider, criticized Gauntlet's interpretation and shared that ACI is seeking candidates for a significant role with a $1.6 million budget.

🤝 Future Possibilities:
- Gauntlet open to collaboration with Aave/Avara in the future.

#AAVE #Write2Earn #TrendingTopic #cryptonews
#gauntlet 🚀
$AAVE

Gauntlet partners with Linea to offer continuous risk monitoring, launching a Linea ecosystem risk dashboard. Customized protocols will be added for tailored risk management.

#gauntlet #LineaBuild #linea #DeFiMasters