Aave Transfers Stewardship of Lens Protocol to Mask Network
Aave has relinquished its leadership role over the Lens social protocol, handing stewardship to Mask Network. The transition, announced by Aave and Lens founder Stani Kulechov, marks a strategic shift for Aave as it refocuses on decentralized finance (DeFi). Mask Network, known for its expertise in blockchain-integrated social platforms, will now guide Lens's product strategy and application development.
The MOVE is not framed as an acquisition or a retreat from social infrastructure, but rather a realignment of responsibilities. Mask Network will oversee consumer-facing operations, including product roadmaps and user experience design for Lens-based applications like Orb. Despite requests for clarification, Lens Protocol declined to elaborate on the nuances of the transition.
