Aave founder responds to Chaos Labs departure: will maintain dual-layer risk management model, LlamaRisk takes over

CycleProphet · 2026-04-07T01:42:02+00:00

Aave founder Stani Kulechov announced that Chaos Labs is stepping down from the Aave DAO risk management position. Aave Labs expressed gratitude for their contributions. Although negotiations for renewal with Chaos Labs took place, no agreement was reached. Aave Labs will continue with dual-layer risk management, with LlamaRisk taking over some responsibilities to ensure a smooth transition.

CycleProphet

2026-04-07 01:42:02

Abstract generation in progress

Deep Tide TechFlow message. April 07, according to Aave founder and CEO Stani Kulechov (@StaniKulechov), Chaos Labs announced it is stepping down from its risk management role at the Aave DAO. Aave Labs said it respects this decision and thanks him for years of contributions; the protocol smart contracts and network deployments are not affected.

Aave Labs disclosed that there had been multiple rounds of negotiations with Chaos Labs regarding the renewal proposal. It supports raising its risk management fees from the current level to $5 million, but does not support the $8 million proposal. It also clearly opposes the following three provisions: appointing Chaos Labs as the sole risk manager, replacing Chainlink with the Chaos Labs oracle, and setting the unaudited Chaos Labs treasury as the default treasury for all B2B integrations.

Aave Labs emphasized that it will continue to adhere to the dual-layer risk management model and introduce a third-layer technical risk management mechanism led by Aave Labs. During the transition period, LlamaRisk will take over more risk coverage responsibilities from Chaos Labs. Aave Labs will support its expansion of the team and budget, and provide engineering and analysis resources to ensure a smooth handover.

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