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Aave's founder announced the termination of the Frontier plan, exiting the validator set and releasing ETH to protect wETH depositors

BlockBeats News, April 19th, Aave ecosystem contributor Aave Chan Initiative (ACI) founder Marc Zeller announced the immediate termination of the AaveChan Frontier plan.


Marc Zeller stated, "For years, I have been operating an ETH staking node on behalf of Aave DAO. Given the current circumstances, I will be exiting all validators and returning all ETH to the Aave DAO to be used to protect wETH depositors if necessary. I will also be forfeiting any potential rewards associated with this service to minimize any potential impact on users. This may help in a limited way, but under the current circumstances, we believe it is the right thing to do. I will post more information on the Aave governance forum later."

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