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Aave Founder Responds to DAO Controversy: Will Enhance Aave Labs' Alignment with AAVE Holders’ Interests Mechanism

BlockBeats News, December 26th. Aave founder Stani Kulechov stated that the recent DAO vote controversy reflects the normal tension of decentralized governance, and acknowledged a lack of prior communication on aligning Aave Labs with AAVE holders' interests.


Stani noted that Aave DAO's yearly revenue has reached $140 million, surpassing the total of the past three years, with the associated treasury funds fully controlled by AAVE holders. Regarding the discussion about his $15 million purchase of AAVE, Stani emphasized that the relevant tokens did not participate in the recent vote, and the purchase was driven by confidence in long-term development.

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