# AaveDAO

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#ChaosLabsExitsAaveDAO
The DeFi world is still processing this breakup. After three years of keeping Aave safe with zero bad debt, Chaos Labs has officially walked away from AaveDAO. And the reasons are bigger than just money.
Let's break it down simply.
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What happened?
Chaos Labs was Aave's top risk manager. Their job? Monitor loans, check collateral, prevent liquidations from spiraling, and stop bad debt from piling up. They did it perfectly for over three years.
Then came negotiations for Aave V4 — a major upgrade. Chaos Labs asked for $8 million per year to handle the extra workload. A

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# AaveDAO

Join 40M users in our growing community

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