Aave Governance Dispute Escalates: ACI Releases "Aave Labs Audit" Report, Tensions Rise Ahead of $51 Million Funding Proposal

SmartContractAuditor · 2026-02-25T12:16:41+00:00

Aave community governance conflicts intensify, ACI releases an audit report on Aave Labs, examining its historical fund usage. On the eve of the proposal, the report questions Aave Labs' lack of transparency and accountability, emphasizing the need to assess its performance and the reasonableness of fund utilization.

SmartContractAuditor

2026-02-25 12:16:41

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Odaily Planet Daily reports that tensions in Aave community governance have escalated again. Aave Chan Initiative (ACI) and its founder Marc Zeller released an “audit” report targeting Aave Labs on the eve of a $51 million proposal titled “Aave’s Biggest Funding Request in History” voting on Snapshot, sparking widespread discussion.

ACI stated on social media that before the “$51M Aave Will Win” proposal enters Snapshot voting, the community should review Aave Labs’ past performance and its approximately $86 million in accumulated funds. Zeller said that ACI has already published its transparency report and evaluated Aave Labs using a framework of “what was delivered, at what cost, and what was the return.” The report pointed out that Aave Labs’ total capitalization is about $86 million, including: $16.2 million from the 2017 ICO, $32.5 million in VC funding, $31.9 million from direct DAO grants, and approximately $5.5 million in alleged “unauthorized” swap fees.

Zeller also mentioned that the founding team once held 23% of the initial LEND supply (later migrated to AAVE), but current AAVE holdings have not been publicly disclosed.

The report questions why Aave Labs has not yet released an “accountability report” that includes cost-benefit analysis, financial disclosures, and wallet transparency, suggesting that despite long-term large-scale funding, information disclosure remains insufficient. (The Block)

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