Gauntlet Will End Contract With AAVE DAO

Gauntlet Will End Contract With AAVE DAO

Aave, the popular decentralized lending platform belonging to the company now known as Avara, will have to look for a new company to provide risk management services following its recently announced split with Gauntlet.
The decision was announced by Gauntlet co-founder John Morrow on the AAVE forums yesterday evening.
Running The Gauntlet
According to Morrow, the relationship between his company and the Aave DAO that oversees the protocol has become strained due to inconsistent guidelines and unwritten requests and objectives by the largest DAO stakeholders. Gauntlet has already started looking for companies that can replace their services and has stated that they are open to working together with Aave/Avara again in the future.
With that being said, current circumstances have led Gauntlet to the decision to part ways.
“We’re proud of our work […]. Almost everyone on our 60-person team has contributed to Aave or worked on the infrastructure supporting it. It is because of all thi

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