BGD Labs are rage quitting Aave DAO after 4 years.

They built Aave v3, governance infra, Umbrella, and most core systems.

Why they're leaving:

- Aave Labs pivoted from independent company to central contributor pushing v4

- Aave Labs controls the brand, comms, and has voting power to influence major votes

- v4 promotion came with criticism of v3, the system that dominates DeFi lending

- Zero collaboration on v4. Aave Labs built it alone, expects others to advise unpaid

- Proposed v3 deprecation: worse parameters to push users to v4, before v4 is even live

Sad outcome for the Aave DAO...

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