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🔥Aave Chan founder terminates the Frontier plan, withdraws validators, and releases ETH to protect wETH deposit users
On April 19, the founder of Aave ecosystem contribution organization Aave Chan Initiative (ACI), Marc Zeller, announced the immediate termination of the AaveChan Frontier plan. Marc Zeller said that for many years he has been operating ETH staking nodes on behalf of Aave DAO; given the current situation, he will withdraw all validators and provide all ETH to Aave DAO so that, when needed, it can protect wETH deposit users. At the same time, he will also give up all potential earnings related to this service to reduce potential impacts on users. This may help to a limited extent, but in times of…
#aave #eth