Aave-Chan Initiative founder Marc Zeller discloses he has fully exited his AAVE position

Odaily Odaily Aave-Chan Initiative (ACI) founder Marc Zeller, in response to a community user inquiry about whether he still holds AAVE tokens or has sold them, stated that he had liquidated his AAVE holdings upon resigning from Chaos Labs (though he may still retain "dust-level" amounts of a very small number of tokens).

Previously, Marc Zeller announced that ACI had ceased operations, concluding over three years of governance work. During this period of governance participation, the Aave protocol transformed from an annual deficit of approximately $35 million to an annual revenue of around $150 million. The AAVE token's value increased approximately nine-fold over the same period, and an active governance network comprising core contributors, service providers, and governance delegates was established. ACI has demonstrated that the DAO governance model can not only operate effectively but also outperform better-resourced competitors. He will continue to advance new projects in the future, with related announcements expected shortly.