Aave Labs to Discontinue Avara Brand Amid Tensions

Aave Labs has announced plans to discontinue its Avara brand. According to PANews, this brand previously included the Lens social media protocol and the soon-to-be-closed Family wallet. This decision comes amid ongoing tensions between Aave Labs and Aave DAO over the ultimate control of the Aave lending protocol. Aave Labs is aiming to refocus its efforts on the decentralized finance (DeFi) sector.