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Aave founder clarifies investment truth: $15 million AAVE purchase unrelated to governance voting
【Crypto World】Aave Labs founder Stani Kulechov recently clarified market rumors. Regarding the claim that he spent $15 million to buy AAVE tokens to influence governance votes, he straightforwardly stated that this is a complete misunderstanding—these tokens were not used in any votes.
The trigger for the incident was a proposal aimed at transferring Aave's brand assets to DAO management, which was ultimately rejected with over 55% opposition votes. This outcome seems simple, but it reflects deeper issues.
Kulechov candidly admitted that Aave Labs has not done enough to explain to the community how its products create long-term value for the DAO. He emphasized that his commitment to Aave Labs is long-term, not for short-term arbitrage.
However, there is a detail worth noting about this rejected proposal—it was submitted without the proposer’s consent. This move further intensified community discussions about governance process transparency, fund allocation authority, and decision-making mechanisms. Some voices believe that the current DAO governance model needs clearer constraints to prevent similar "overreach" proposals from happening again.