According to a post by Stani.eth, the founder and CEO of Aave, Aave is gradually shutting down the Family iOS wallet app. Family Accounts will continue to serve as part of Aave's infrastructure, supporting Aave applications and helping to bring millions of users into the world of decentralized finance (DeFi). Stani noted that through this process, the team realized that attracting millions of users requires a tailored experience—such as savings features—rather than a general-purpose open wallet experience. The team will now fully focus on bringing Aave to the masses. Previously, in 2023, Aave partnered with the Family team and eventually acquired them.
Aave Founder Announces Closure of Family iOS Wallet to Focus on Core Business
TechFlowShare
Summary
Aave founder Stani.eth shared on-chain news regarding the gradual shutdown of the Family iOS wallet. The app will be discontinued as the team shifts its focus to ETH-related news and the expansion of Aave's core business. Family Accounts will continue to be part of Aave's infrastructure. Stani emphasized the importance of customized user experiences to drive mass adoption. Aave acquired the Family team in 2023.
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