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ETH $1,630.39 +3.28%
BNB $551.02 +0.94%
XRP $1.06 +2.04%
SOL $78.98 +5.06%
TRX $0.3168 +0.17%
DOGE $0.0729 +2.27%
ADA $0.1565 +3.83%
BCH $216.05 +5.13%
LINK $7.52 +3.70%
HYPE $63.62 -0.86%
AAVE $85.22 -1.98%
SUI $0.7312 +4.22%
XLM $0.1971 -1.81%
ZEC $421.78 +5.06%

Aave-Chan Initiative founder Marc Zeller disclosed that he has liquidated AAVE

2026-07-02 13:05:43
Collection

After Marc Zeller, the founder of the Aave-Chan Initiative (ACI) and a contributor to Aave's ecosystem governance, announced the end of the ACI project, community users inquired whether he still held AAVE tokens or had sold them. In response, Marc Zeller stated that he had liquidated his AAVE holdings when he resigned from Chaos Labs (he may still hold a very small amount of "dust-level" tokens).

Previously, Marc Zeller announced that the governance work of ACI, which lasted for more than three years, had concluded, and a new project is expected to be announced soon. During his participation in governance, the Aave protocol transformed from an annual deficit of about $35 million to an annual revenue of approximately $150 million, while the AAVE token increased about ninefold during the same period.

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