Summary
TLDR: Blockchain analytics company Gauntlet is terminating its work with Aave, a liquidity protocol. Gauntlet faced criticism from Aave delegates for various reasons, leading to their decision to leave. Aave founder and CEO Stani Kulechov expected this departure and sees it as an opportunity for a new contributor. The offboarding process is still being determined for a smooth transition.
Key Points
1. Blockchain analytics company Gauntlet will terminate its work with open-source liquidity protocol Aave.
2. Gauntlet was contracted as a market risk manager for Aave, reviewing mechanical designs and creating long-term economic and business modeling simulations for the protocol.
3. Gauntlet’s decision to leave the partnership with Aave was met with mixed feelings from the Gauntlet team, with some valuing the partnership and making tough tradeoffs to voluntarily leave.