HomeCrypto GamingRisk Manager Gauntlet Terminates Relationship with Aave, Citing DAO Dysfunction

Risk Manager Gauntlet Terminates Relationship with Aave, Citing DAO Dysfunction

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Gauntlet is a key participant in decentralized finance (DeFi), its danger administration providers utilized by a number of of the most important crypto protocols and DAOs. Gauntlet served as a “Risk Steward” for Aave, which concerned overseeing the platform’s danger ranges, offering common updates to the Aave neighborhood, and manually setting sure lending and borrowing parameters. Morrow stated in his publish that Gauntlet would start “working with other contributors to find a replacement” Risk Steward in order to not depart the DAO high-and-dry.

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