BGD Labs to End Involvement with Aave DAO After Four Years
- BGD Labs will conclude its involvement with the Aave DAO on April 1.
- The decision follows concerns over an “asymmetric organizational scenario” within the DAO.
- BGD proposed a $200,000 security retainer for two months post-departure as Aave seeks a replacement.
- Users expressed mixed reactions, with some attributing BGD’s departure to centralization issues in the DAO.
- Aave CEO Stani Kulechov acknowledged BGD’s contributions and expressed sadness over their exit.
BGD Labs has been a significant contributor to Aave since early 2022, focusing on various technical aspects of the DeFi ecosystem. The upcoming departure raises questions about future contributions and structural clarity within the DAO.
As BGD prepares to leave, it emphasizes that nothing will change until April, continuing support for v3 and other projects during this period. This transition could impact ongoing development efforts within Aave’s ecosystem.(Source)
