Aave founder Stani Kulechov said the protocol plans to reduce its economic and technical risk exposure through a new risk framework and a technical asset listing framework. He said the move should not be read as a reversal of Aave’s multichain expansion, but rather as a strategic refocus on selected protocols. Kulechov also said Aave will keep conducting ongoing risk assessments across all assets already deployed on the protocol. The comments come after Aave launched on Avalanche earlier this month and as it prepares to deploy its V3 lending market and the GHO stablecoin on Monad, according to Cointelegraph. The remarks point to a narrower and more selective approach to expansion while keeping existing deployments under review.
Aave founder Stani Kulechov said the protocol will reduce its economic and technical risk exposure through a new risk framework and a technical asset listing framework.
He said this is not a reversal of Aave’s multichain expansion. Instead, it represents a strategic refocus on selected protocols.
According to Cointelegraph, Kulechov also said Aave will continue carrying out ongoing risk assessments for all assets across its existing deployments.
Earlier this month, Aave went live on Avalanche. The protocol also plans to deploy its V3 lending market and the GHO stablecoin on Monad.
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