PANews reported on March 3rd that, according to The Block, Aave Chan Initiative (ACI), the main service provider for Aave, announced it will not renew its contractPANews reported on March 3rd that, according to The Block, Aave Chan Initiative (ACI), the main service provider for Aave, announced it will not renew its contract

Aave's key service provider, ACI, plans to withdraw from DAO governance in July.

2026/03/03 19:16
1 min read
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PANews reported on March 3rd that, according to The Block, Aave Chan Initiative (ACI), the main service provider for Aave, announced it will not renew its contract and will gradually withdraw from the Aave DAO over the next four months. ACI founder Marc Zeller stated that this move was influenced by the previous decision of core technology contributor BGD Labs to leave and governance disagreements. Recently, the community has been embroiled in controversy over the flow of CoW Swap fees to Aave Labs rather than the DAO treasury, extending to issues such as brand asset ownership, revenue distribution, and centralized governance. Zeller pointed out that in the "How AAVE will win" proposal vote, the significant voting power associated with Aave Labs swayed the outcome, demonstrating that a single entity can push its own budget through. ACI also proposed to settle its GHO stablecoin funds early, transferring 120 days' worth of funds to the ACI treasury in a single transaction to ensure a smooth handover.

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