Aave-Chan Initiative founder Marc Zeller reveals he has fully liquidated his AAVE position

Odaily Planet Daily News: In response to a community user asking whether he still holds AAVE tokens or has sold them, Marc Zeller, founder of the Aave-Chan Initiative (ACI), stated that he liquidated his entire AAVE position (potentially holding only a "dust-level" negligible amount of the token) when he resigned from Chaos Labs.

Previously, Marc Zeller announced that ACI has ceased operations, concluding over three years of governance work. During its participation in governance, the Aave protocol transitioned from an annual deficit of approximately $35 million to an annual revenue of around $150 million. The AAVE token price increased roughly nine-fold over the same period, and an active governance network comprising core contributors, service providers, and governance delegates was established. ACI proved that the DAO governance model is not only capable of functioning effectively but can also outperform resource-rich competitors. Moving forward, Zeller will continue to advance new projects, with related announcements expected soon.