Top Aave risk manager Chaos Labs exits amid governance dispute

Chaos Labs, a key risk management vendor for Aave, is stepping down after over three years, following a period of governance upheaval and the departure of other core contributors like BGD Labs and Aave Chan Initiative. Founder Omer Goldberg cited a lack of profitability, misalignment with Aave Labs on risk management—particularly with the launch of Aave V4—and an unsustainable workload as key reasons for the decision. Despite being offered a budget increase, Chaos Labs determined the fundamental issues couldn’t be resolved financially. The move comes as Aave rolls out V4, a significant platform overhaul, and Aave Labs proposes converting itself into a DAO subsidiary to address governance concerns. Goldberg emphasized that the DAO is free to set its priorities, but the terms were not viable for Chaos Labs.

(Source：The Block)