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Aave Founder Responds to DAO Controversy: Will Strengthen Alignment of Aave Labs with AAVE Holders' Interests
Summary: Aave founder Stani Kulechov responded to recent DAO voting controversy, stating that it reflects normal tensions in decentralized governance and acknowledging insufficient communication in aligning Aave Labs with AAVE holders' interests. Stani noted that Aave DAO's revenue this year has reached $140 million, surpassing the total of the past three years, with treasury funds fully ...
Aave founder Stani Kulechov responded to recent DAO voting controversy, stating that it reflects normal tensions in decentralized governance and acknowledging insufficient communication in aligning Aave Labs with AAVE holders' interests. Stani noted that Aave DAO's revenue this year has reached $140 million, surpassing the total of the past three years, with treasury funds fully controlled by AAVE holders. Regarding discussions about his $15 million purchase of AAVE, Stani emphasized that the tokens did not participate in recent votes, and the purchase was based on confidence in long-term development.
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Link: Aave Founder Responds to DAO Controversy: Will Strengthen Alignment of Aave Labs with AAVE Holders' Interests [Copy]