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Aave Chan Initiative @AaveChan Announces Exit From Aave Amid Governance Rift
In a governance forum post published March 3 by @Marczeller, founder of ACI, the organization confirmed that it will not seek renewal of its contract with Aave DAO and will begin a four-month wind-down of operations.
“The Aave Chan Initiative was built for Aave. Without a future in the Aave ecosystem, the name no longer applies,” Zeller wrote, explaining that the decision stems from what he sees as structural breakdowns in the governance process.
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