FranklinDAO (Prev. Penn Blockchain) Delegate Platform

Chaos Labs <> Aave

We voted YES: Love to see all the discussion in the forums around this proposal and as @fig pointed out, the creation of new accounts around any post goes to show the importance of such a topic.

For full transparency, we’ve been in pretty close contact with both the Chaos team and Gauntlet who have raised some interesting and serious concerns the past few weeks.

After honestly weeks of edits and discussions, we have come to our conclusion, and that is an ultimate YES on the current snapshot vote. We believe the past work that Chaos Labs has done is very good and goes to show the level of due diligence we should not only expect, but hold the team to.
From the first draft of the proposal to now, a lot has changed. Ideally, we would have loved to see more GHO analytics, but seeing concerns about the uncertainty in timeline, the removal of that makes total sense. The main thing that brought this over the finish line for us was the 6 months of no cost, and then ability to off-board with no to minimal costs if they provide unsatisfactory work.

To conclude, the work Chaos Labs has done, the promises they make for this engagement period (6 months of which are technically free), and “sneak-peaks” into their plans lead us ultimately to vote YES. Everything else has been pretty much covered in the forums, but we always enjoy an “underdog” story and are generally open to ambitious teams trying to make a name for themselves given the circumstances!

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