Huoxun Finance reported on February 4th that, according to Theblock, AaveLabs 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 AaveLabs and AaveDAO over ultimate control of the Aave lending protocol. AaveLabs is seeking to refocus its efforts on the DeFi space.
Aave Labs will discontinue its Avara brand.
2026-02-04 02:31:02
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