BGD Labs, a core technical contributor to Aave DAO for four years, announced it will cease involvement with the organization. The departure was attributed to changes within the DAO and BGD Labs taking an 'adversarial position' toward Aave's liquidity protocol.
Aave introduces Aave Arc, targeting traditional financial institutions interested in DeFi. The original Aave Protocol has reached over $30 billion in peak liquidity with nearly one million active users since its January 2020 launch, driving institutional demand for compliant DeFi solutions.
The Aave Mirror introduces itself as a community publication focused on Web3 builders and decentralized finance development. Aave Protocol is described as an open-source, non-custodial liquidity protocol that enables users to earn yield on crypto assets and borrow against collateral.
