Gauntlet announces exit from Aave as risk manager

Gauntlet, a project specialized in DeFi risk management, is ending its relationship with credit platform Aave after four years of collaboration.

John Morrow, co-founder of Gauntlet, wrote in a after on the Aave forum that the company “can no longer continue our work with Aave.”

“We will end our payment flow as soon as possible and work with other contributors to find a replacement for the Risk Steward,” Morrow said, adding that Gaunlet has found the past year “difficult to navigate the inconsistent guidelines and unwritten rules.” navigate. objectives of the largest stakeholders.”

Glove has served as a contributor or “Risk Steward” for Aave since 2020, with a focus on strengthening the security of the platform.

Commenting on the announcement, Ernesto Boado, former CTO of Aave, said: said in an answer on the forum that he personally “disappointed with the trust the Aave DAO placed in Gauntlet, which was broken halfway through the engagement.