Aave founder Stani Kulechov said the protocol’s recent move to gradually phase out low-adoption assets and network deployments should not be read as a view on any Layer 1 or Layer 2 blockchain. In a post cited by PANews on July 30, Kulechov said the decision is aimed at cutting Aave’s operational, technical and economic risk surface so the team can focus on priorities with greater impact. Those priorities include growing existing high-value markets and expanding into securities financing. Kulechov also pushed back against the idea that the changes signal a negative stance on scaling networks. He said Layer 2 networks remain critical to Ethereum’s user experience, adding that Aave App’s stable vault uses an L2 as its accounting layer, a setup he said can help bring mainstream users into DeFi. He also pointed to networks such as Avalanche, saying they play an important role in bringing real-world assets on-chain through institutional business development, an area he said Ethereum has historically lacked. The comments came after earlier news that Aave would retire 50 low-adoption asset reserves and shut down deployments on six chains.
Aave founder Stani Kulechov said the protocol’s recent phaseout of low-adoption assets and networks should not be interpreted as a statement about any Layer 1 or Layer 2 blockchain.
Aave frames the move as risk reduction
According to PANews on July 30, Kulechov said the goal is straightforward: reduce Aave’s operational, technical and economic risk surface so the project can concentrate on higher-impact priorities.
He said those priorities include expanding existing high-value markets and moving into securities financing.
He also defended the role of L2s and other networks
Kulechov said Layer 2 networks remain essential to the Ethereum user experience. He cited Aave App’s stable vault, which uses an L2 as its accounting layer, and said that structure will help guide mainstream users into DeFi.
He also said networks such as Avalanche have an important role in bringing real-world assets, or RWAs, on-chain through institutional business development, an area he said Ethereum has historically been missing.
Earlier report detailed the scope
Earlier news said Aave plans to retire 50 low-adoption asset reserves and shut down deployments across six chains.
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