Marc Zeller's ACI will exit Aave in July

AAVE-0,98%

Gate News bot reports that ACI (Aave Chan Initiative), led by Marc Zeller, will exit Aave in July due to governance conflicts. ACI has previously been involved in the governance of the Aave protocol.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Stablecoin issuer StraitsX’s XSGD and XUSD launch on the Solana network

Gate News update: On March 31, stablecoin issuer StraitsX announced that its Singapore dollar stablecoin XSGD and its U.S. dollar stablecoin XUSD have officially gone live on the Solana network. These two stablecoins will be used for on-chain foreign exchange trading and high-performance settlement.

GateNews8m ago

Tezos Expands Its RWA Footprint as Metals.io Goes Live With Tokenized Commodities

Metals.io has launched on Tezos, offering tokenized uranium, gold, and strategic metals, expanding the ecosystem's reach into real-world asset trading. This platform enhances access to diverse commodities and aims to streamline ownership in fragmented markets.

CryptoNewsFlash22m ago

Starknet will roll out STRK20s at the end of April, introducing privacy features for the token

Gate News message, March 31, Starknet is expected to roll out STRK20s in late April, aiming to introduce privacy protection features for all tokens. The official statement says that it is currently working closely with various DeFi protocols and partners to ensure DeFi integration and a seamless user experience from day one after launch.

GateNews30m ago

JustLend DAO TVL reaches $6.55 billion, total deposits of $3.53 billion

Gate News reports that on March 31, the latest weekly report from TRON's decentralized lending protocol JustLend DAO shows that the platform’s total value locked (TVL) reached $6.55 billion, and total deposits amounted to $3.53 billion. JustLend DAO is a core DeFi infrastructure within the TRON ecosystem, providing on-chain lending services to users worldwide.

GateNews40m ago

Productive Stablecoins: Closing the $300B Efficiency Gap

This essay discusses the inefficiencies of stablecoins, highlighting that 90% are unproductive and act as a hidden tax. It identifies a significant opportunity within DAO treasuries and DEX liquidity, as well as emerging solutions like HyENA and Solomon that aim to enhance yields for users.

CoinDesk45m ago

Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race

Pudgy Penguins disrupts the $31.7B licensed toy market by using a "Negative CAC" model, achieving over 2M unit sales in 10,000 retail locations. It has gained cultural significance through partnerships and aims for $120M revenue in 2026 ahead of a possible IPO.

CoinDesk56m ago
Comment
0/400
No comments