Aave to Discontinue Family iOS Wallet, Refocus on DeFi

Aave founder Stani.eth has announced plans to gradually discontinue the Family iOS wallet. According to Foresight News, Family Accounts will continue to serve as infrastructure supporting the Aave App. Additionally, Aave Labs will cease using the Avara umbrella brand, which included the Family and Lens brands. The Lens brand is now managed by Mask. Aave stated that this decision aims to concentrate resources on enhancing the Aave brand's visibility and refocusing on its DeFi business.