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Aave Founder Responds to Chaos Labs Exit: Will Maintain Dual Risk Management Model and Support LlamaRisk Takeover
On April 7, Aave founder Stani Kulechov tweeted that Aave respects Chaos Labs’ decision to exit its risk management role and thanked them for their contributions over the past years. The Aave protocol’s smart contracts, asset listings, and network deployments will remain unaffected, and both parties will maintain close cooperation during the exit process. Aave currently employs a dual-layer economic risk management model, jointly managed by Chaos Labs and LlamaRisk. Given the scale of the Aave protocol, it will continue to uphold this dual model in the future, and additionally introduce a technical risk layer managed by Aave Labs. Aave Labs will work closely with LlamaRisk to ensure uninterrupted risk coverage during the transition and support LlamaRisk in increasing its budget and team size.