Wu Shuo learned that Marc Zeller, founder of the Aave Chan Initiative (ACI), said on X that the Aave DAO delegation and service provider ACI has officially ended operations today. ACI was launched more than 3 years ago as a community-supported delegation platform, without support from Labs, VCs, or other entities. Marc Zeller said that during ACI’s operation, the Aave protocol shifted from an annual deficit of $35 million to annual revenue of $150 million, the AAVE price rose 9-fold, and a network of talent, service providers, and delegates was established. He said this marks the end of a chapter, but not the end of the journey, and news about new projects will be announced soon.

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GateUser-e72657f0
· 10h ago
So ACI shut down because the DAO matured and no longer needed a delegation platform, or did Marc want to go solo? Awaiting further news.
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SeaSaltFlavorAirdrop
· 11h ago
End of operations but not the end, classic crypto-style farewell. Hope the new project isn't another governance token nested doll.
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RugProofMaybe
· 11h ago
With three years of zero VC support, he forcefully pulled the protocol from bleeding money to an annual nine-figure revenue. This guy’s execution ability is top-notch.
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BridgeBurned
· 11h ago
ACI went from a deficit to 150 million in revenue in three years. That's a solid report card. Looking forward to Marc's new project, just hope it's not just a rebrand to keep competing in DeFi governance.
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