Aave Founder Says $15M Token Buy Wasn't Used in Controversial DAO Vote
13 Articles
13 Articles
Aave DAO Rejects Brand Assets Proposal Amid Record Revenue and Kulechov’s AAVE Purchase
The post Aave DAO Rejects Brand Assets Proposal Amid Record Revenue and Kulechov’s AAVE Purchase appeared on BitcoinEthereumNews.com. Aave DAO rejected a proposal to transfer brand assets like trademarks and the aave.com domain, with 55% voting against and 41% abstaining. Founder Stani Kulechov highlighted record $140M revenue in 2025 and clarified his $15M AAVE token purchase did not influence the vote. Aave DAO vote in December rejected brand …
Aave Protocol Embroiled In Governance Drama As CEO Denies Vote Buying
In an important development, a governance dispute within the Aave ecosystem has reignited long-standing concerns around token value capture, operational control, and the blurred lines between decentralized governance and corporate execution. The ongoing debate, which culminated in a highly polarized and controversial DAO vote, highlights broader structural challenges facing DeFi protocols that evolved under restrictive regulatory conditions but …
Aave Founder Denies Claims of Using AAVE Token Purchase to Influence Failed Governance Vote
Aave founder denies claims that a large AAVE token purchase aimed to influence a governance vote that failed. Aave DAO members questioned transparency after fee revenue from CoW Swap moved to a wallet linked to Aave Labs. Governance tensions increased after the community rejected the brand asset proposal and criticized the rushed process. Stani Kulechov has rejected claims that a recent purchase of AAVE tokens aimed to influence a failed governa…
Aave DAO Revenue Hits $140M as Governance Dispute Intensifies
Aave DAO posts $140M revenue in 2025, surpassing its prior three years combined. Kulechov addressed controversy over his personal $15M purchase of AAVE tokens, clarifying that they were not used to vote on the recent governance proposal. Reports suggest the founder bought around $10M of AAVE just before a major vote, raising concerns about too much control held by a single person. Aave founder Stani Kulechov announced on X that the company’s dec…
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