According to Gauntlet, the move offers the potential for more money with greater flexibility.
Risk Manager Gauntlet Terminates Relationship with Aave, Citing DAO Dysfunction
Gauntlet co-founder John Morrow said his team “found it difficult to navigate the inconsistent guidelines and unwritten objectives” of Aave’s “largest stakeholders.”
Chainalysis, Fireblocks, Gauntlet Make Forbes’ Fintech List
The three crypto companies have together raised a total of $2 billion.
Arbitrum Voters Polarized Over ‘Research’ Pitch With $2M Price Tag
Proposed coalition of professional researchers could help “accelerate decision-making” at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.
Compound, Gauntlet Founders Raise $4M for New DeFi Scout Fund
Robert Leshner’s Robot Ventures has secured $4 million in funding from Galaxy Digital and Paradigm to find early opportunities in DeFi.