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Aave founder faces scrutiny for purchasing $10 million worth of AAVE tokens.

2025-12-24 13:46

Odaily Planet Daily reports that Aave founder Stani Kulechov has recently sparked controversy in the community by purchasing $10 million worth of AAVE tokens. Critics suggest this move may be aimed at increasing his influence in key governance proposal votes. The current controversy centers on a proposal to regain control of the protocol's brand assets, which is accused of being rushed into the voting stage without sufficient discussion. Data shows that the top three voters in the Aave DAO control over 58% of the voting power, raising questions about the fairness of the governance mechanism. (Cointelegraph)