Aave founder responds to Chaos Labs' exit: We will continue to adhere to the two-tier economic risk management model and support LlamaRisk's takeover.

CoinFeed reported on April 7th that Aave founder Stani Kulechov responded to Chaos Labs' decision to withdraw from its risk management role in the Aave DAO, thanking them for their years of contributions and stating that Aave's smart contracts, asset listings, and network deployment will not be affected. Stani emphasized that Aave will continue to adhere to its two-tier economic risk management model, with LlamaRisk and Aave Labs jointly undertaking risk management responsibilities. Aave supports increasing Chaos Labs' risk management payments to $5 million, but did not support proposals such as making them the sole risk manager, replacing Chainlink oracles, and adopting unaudited Chaos Labs Vaults.