According to The Block, the Aave Chan Initiative (ACI), founded by Marc Zeller and serving as a primary delegate and service provider to the Aave DAO, has announced it will not renew its partnership with the DAO and plans to phase out its services over the next four months. This follows the earlier announcement of withdrawal by another core contributor, BGD Labs, signaling another key contributor’s departure amid escalating internal governance tensions within Aave. ACI’s decision further underscores the governance challenges facing the Aave decentralized autonomous organization.
Aave Chan Initiative to End Partnership with Aave DAO in July as Governance Tensions Escalate
TechFlowShare
Summary
The Aave Chan Initiative (ACI), co-founded by Marc Zeller and a key partner to Aave DAO, confirmed a partnership announcement, revealing it will not renew its collaboration with the DAO. Services will be phased out over four months. This follows BGD Labs’ earlier departure and adds to growing governance disputes within Aave’s decentralized structure. The announcement marks another shift in the crypto news landscape as core contributors distance themselves.
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