Gauntlet leaves Aave

Gauntlet, the independent risk manager for Aave since 2020, is ending its work with the protocol and terminating its payment stream as soon as possible. Co-founder John Morrow says the company found it difficult to navigate inconsistent guidelines and unwritten objectives from the largest stakeholders over the past year. He cites a duplicate proposal during TUSD offboarding (AIP-291/285), which became known as the "AIP-371 fiasco," along with criticism of its ARB emissions distribution work and of an economic audit by its Applied Research team. Gauntlet says it hopes to work with Aave again someday.