Aave’s “Civil War” Claims First Casualty as Key Developer Walks Away

Bored Ghosts Developing (BGD), a software company contracted by Aave DAO to build and maintain key components of the lending protocol, said Friday it will not renew its agreement when the current term expires in April.

In a post on Aave’s governance forum, the team blamed Aave Labs, the company founded by protocol creator Stani Kulechov, for pushing a strategic shift tied to the upcoming Aave v4 upgrade.

Aave Developer Refuses to Support V3 Amid Push Toward V4

BGD said it could not continue work on Aave v3 while efforts were underway to steer users toward the new version.

“We believe even proposing this on the main revenue-maker & fully functional engine of Aave is borderline outrageous,” the group wrote.

The market reacted quickly. The Aave token fell more than 6% following the announcement.

Kulechov acknowledged the departure, writing on social media that the team had played a critical role in the protocol’s development.

BGD co-founder Ernesto Boado previously served as chief technology officer at Aave Labs.

“Aave V3 would not be what it is today without their contributions,” Kulechov said. Delegate Marc Zeller called the move “devastating,” noting that much of the platform’s revenue depends on BGD’s code.