Aave Founder Clarifies Decision to Deprecate Low-Adoption Assets and Networks

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Aave founder Stani Kulechov explained the protocol’s plan to phase out low-adoption assets and networks, emphasizing that this is not a critique of any L1 or L2. The goal is to reduce operational, technical, and economic risks while focusing on high-impact areas such as expanding key markets and entering securities financing. Kulechov noted that L2s remain vital for Ethereum’s user experience and highlighted Avalanche’s role in advancing blockchain and Web3 adoption through real-world asset integration.

PANews, July 30: Aave founder Stani Kulechov tweeted that Aave’s recent phased shutdown of low-adoption assets and networks should not be interpreted as a stance on any L1 or L2. The goal is simply to reduce Aave’s operational, technical, and economic risk exposure so the team can focus on higher-impact priorities, such as growing existing high-value markets and expanding into securities financing. L2s remain critical to Ethereum’s user experience—for example, Aave App’s stable vault uses an L2 as its accounting layer, which will onboard mainstream users into DeFi. Similarly, networks like Avalanche play a vital role in bringing RWAs on-chain through institutional business development—an area where Ethereum has historically been lacking.

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