Aave Founder Clarifies That Asset and Network Cuts Are Not Bearish on L1 or L2

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Aave founder Stani Kulechov said the removal of low-usage assets and network shutdowns should not be interpreted as bearish toward any L1 or L2. The move aims to reduce operational and economic risks and focus on high-value areas such as Securities Finance. On-chain data shows this shift is part of a broader strategy to optimize resources. Kulechov also highlighted the role of L2 in enhancing the Ethereum user experience and noted Avalanche’s efforts to onboard institutional-grade RWA. The Fear & Greed Index remains a key metric for tracking market sentiment.

Odaily Planet Daily News: Aave founder Stani Kulechov posted on X that Aave’s recent delisting of low-adoption assets and gradual shutdown of certain networks should not be interpreted as a stance on any L1 or L2. This move aims to reduce Aave’s operational, technical, and economic risk exposure, allowing resources to be focused on higher-value market growth and more impactful initiatives such as Securities Finance.

He also emphasized that L2 remains a vital component of the Ethereum user experience, with Aave App’s Stable Vaults already adopting L2 as their accounting layer; additionally, networks like Avalanche play a crucial role in advancing the on-chain tokenization of institutional-grade real-world assets (RWA).

Previously, Aave founder Stani Kulechov posted that, after a comprehensive review, Aave will phase out 50 low-usage asset reserves across multiple deployments.

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