Aave Labs will discontinue its Avara brand.

PANews reported on February 4th that, according to The Block, Aave Labs will discontinue its Avara brand. This brand previously encompassed its derivative social media protocol Lens and the soon-to-be-closed Family wallet. This move comes amid ongoing tensions between Aave Labs and Aave DAO over ultimate control of the Aave lending protocol. Aave Labs is seeking to refocus its efforts on the DeFi space.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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