Hi everyone,
After months of observation, I want to point out that Chaos Labs provides an extremely poor service to Venus compared to other protocols. Despite paying them half a million dollars each year, they hardly do anything unless the community points it out to them.
For example: here is Chaoslabs account on AAVE’s forum
And here is Chaoslabs account on Venus’s forum
As you can clearly see, Chaos Labs is very active on AAVE’s forum, but on Venus, they barely engage unless requested by the community.
Here is another example of how poor Chaos Labs’ service has been for our community:
In this image, you can see that Floki’s borrow cap has been reached due to the current airdrop for Floki holders. However, Chaos Labs has not bothered to run a quick five-minute analysis to increase the cap. I even tried to ping them on the forum a few days ago, but they were nowhere to be found. Another example of their poor service is the TWT pool. They recommended very poor configurations that scare away lenders and do not help us build the initial liquidity for the TWT launch pool.
I urge the Chaos Labs team to provide the Venus community with proper service. If they continue to neglect their responsibilities, the DAO should consider terminating the contract with Chaos Labs and seek an alternative. Enough is enough!
CC: @chaoslabs