TechFlow News: On April 7, according to The Block, Chaos Labs—the leading risk management firm for Aave—announced its formal exit from its collaboration with Aave, concluding three years of risk management services. Omer Goldberg, founder of Chaos Labs, cited three primary reasons for the departure: sustained operational losses, the successive departures of key contributors BGD Labs and ACI, and fundamental disagreements with Aave Labs regarding risk management philosophy amid the rollout of Aave V4.
Reportedly, Aave Labs had proposed a $5 million budget retention plan; however, Chaos Labs estimated that a minimum of $8 million was required to operate both V3 and V4. Even if the budget issue were resolved, the divergent priorities on risk management between the two parties would remain irreconcilable. Goldberg noted that workload during the transition period following V4’s launch would double—not halve—and that the existing infrastructure has yet to be stress-tested in real-world conditions, making associated risks non-negligible.
In response, Stani Kulechov, CEO of Aave Labs, stated that there is no mandatory timeline for migrating to V4, and that V3 remains fully operational.
