Aave Founder Addresses DAO Controversy: To Strengthen Alignment Mechanism Between Aave Labs and AAVE Holders’ Interests

2025-12-292025-12-26 by admin

BlockBeats news, December 26, Aave founder Stani Kulechov stated that recent controversies triggered by DAO voting reflect the normal tension in decentralized governance, and acknowledged previous insufficient communication regarding the alignment of interests between Aave Labs and AAVE holders.

Stani mentioned that Aave DAO’s revenue this year has reached $140 million, exceeding the total of the past three years, with related treasury funds entirely controlled by AAVE holders. Regarding the discussion on his spending $15 million to purchase AAVE, Stani emphasized that the related tokens did not participate in recent voting, and the purchase was driven by confidence in long-term development.

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .