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Chaos Labs Wanted to Replace Chainlink on Aave: Why Stani Kulechov Said No

BeInCrypto
Chaos Labs ended its Aave risk management engagement after disputes over operational scope, budget, and a proposal to replace Chainlink oracles.

Summary

Chaos Labs has resigned as a risk manager for Aave after three years, citing unsustainable economics and increased operational burdens following the launch of Aave V4. Founder Omer Goldberg noted that current compensation was inadequate given the workload and compared it unfavorably to traditional banking risk-spending benchmarks. Aave founder Stani Kulechov clarified that the firm's exit followed failed negotiations where Chaos Labs sought to become the protocol's sole risk manager and replace Chainlink oracles, a move Aave rejected to avoid vendor lock-in. Meanwhile, LlamaRisk has stepped in to ensure operational continuity for the lending protocol.

(Source:BeInCrypto)