AAVE price Faces Double Shock as Governance Rift Deepens

The post AAVE price Faces Double Shock as Governance Rift Deepens appeared first on Coinpedia Fintech News

The AAVE price didn’t just bleed today but it absorbed a double hit. First came the broader market panic tied to escalating war tensions. Then, just as nerves were already frayed, an internal governance rupture added fuel to the fire.

Altcoins were already under pressure. But Aave had its own drama unfolding in parallel.

BGD Labs announced it will end its work with the Aave DAO on April 1, wrapping up nearly four years as a core technical contributor. The move follows rising governance tensions and strategic disagreements over the protocol’s future direction.

In a forum post Friday, the firm said it would continue its current responsibilities through the end of its contract. That includes support for Aave v3, Umbrella, chain expansions, asset onboarding, and security. It also plans to publish documentation and maintenance guidelines to smooth the transition.

I feel like Aave Labs, ACI and BGD should go to either couples counseling or some kind of mediation. It feels like emotions are going to cause the most successful borrow/lend protocol to fall apart