Aave Maintains Dual-Layer Risk Management Model After Chaos Labs Withdrawal

Aave's founder, Stani Kulechov, has confirmed that the protocol will continue to use a dual-layer risk management model following Chaos Labs' decision to withdraw from its risk management role.

The current dual-layer economic risk management model is jointly managed by Chaos Labs and LlamaRisk. To further strengthen its risk management capabilities, Aave has decided to introduce an additional technical risk layer managed by Aave Labs.

Aave Labs will collaborate closely with LlamaRisk during the transition process to ensure that there are no disruptions in risk coverage. The protocol's smart contracts, asset listings, and network deployments remain unaffected and will continue to operate as usual.