Aave Community in Uproar Over Governance Vote
Update: 2025-12-26
Description
Aave Community in Turmoil: Founder Denies Token Purchase to Influence Governance VoteThe Aave community is embroiled in controversy following a failed governance vote to transfer brand assets to the Aave DAO. The vote, which aimed to put the projects brand assets under community control, was overwhelmingly rejected. The controversy began when a DAO member pointed out that fees from a new integration with CoW Swap were sent to a wallet controlled by Aave Labs instead of the DAO. Accusations of token purchases to sway the vote surfaced, with the founder, Stani Kulechov, denying these claims. The incident underscores growing pains in decentralized finance governance, where community trust and control remain contentious issues.
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