Aave founder Stani Kulechov recently revealed a significant development — the U.S. Securities and Exchange Commission (SEC) has officially closed its four-year investigation into the Aave Protocol.

The process was quite time-consuming and resource-intensive, requiring substantial effort from both the team and Stani personally. These efforts primarily focused on three areas: maintaining the normal operation of the Aave protocol, advancing ecosystem development, and supporting the entire DeFi space.

When discussing this topic, Stani pointed out that DeFi has faced numerous regulatory challenges in recent years. However, from the conclusion of this investigation, at least in terms of compliance exploration, the industry is finding ways to engage in dialogue with regulators. For Aave, this outcome signifies a form of recognition — the team’s compliance attitude in operating the protocol has been validated.

This news carries significance beyond just Aave within the entire DeFi ecosystem. It reflects that even in innovative fields like Web3, projects and regulators can find a balance through open communication and transparent operations.