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Aave Core Member Proposes Ending the ACI Frontier Project

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On April 19 (UTC+8), Aave core member Marc Zeller proposed discontinuing the Aave-Chan Initiative (ACI) Frontier project in a project announcement. He revealed plans to exit all Ethereum staking validators and return the ETH to the Aave DAO, aiming to protect wETH depositors and minimize user impact by eliminating potential income from related services. Zeller, who has contributed to the Aave ecosystem and incentive design, previously stated he would depart from Aave in July. This funding update underscores a shift in his ongoing involvement.

ME News reports that on April 19 (UTC+8), Marc Zeller, a core member of Aave, stated on X that a proposal has been submitted to terminate the Aave-Chan Initiative (ACI) Frontier project. He noted that for years, ACI has managed Ethereum staking nodes on behalf of the Aave DAO, but has now decided to exit all validators and return all ETH to the Aave DAO. This move aims to potentially protect wETH depositors and forego any potential revenue from related services, thereby minimizing impact on users. Marc Zeller has been highly active within the Aave ecosystem, contributing to incentive mechanism design through the Aave Chan Initiative, and had previously announced in July his impending departure from Aave. (Source: MLion)

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