Risk Manager Gauntlet Ends Relationship with Aave Citing DAO Dysfunction

Gauntlet is a key player in decentralized finance (DeFi), a risk management service used by several large crypto protocols and DAOs. Gauntlet acted as Aave’s “risk manager,” overseeing the platform’s risk levels, providing regular updates to the Aave community, and manually setting specific lending and borrowing parameters. Morrow said in his post that Gauntlet would launch a Risk Steward “to work with other contributors to find a replacement” to avoid leaving the DAO dry.