Aave founder clarifies investment truth: $15 million AAVE purchase unrelated to governance voting

2025-12-27 08:20:12

【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.

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CryptoPhoenix

· 17h ago

Nirvana rebirth, this is another great opportunity for mindset repair. The $15 million is just for building the position; the real value is still to come. Just believe, and it's all good.

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GateUser-3824aa38

· 12-27 08:46

Hmm... so you spent 15 million to buy coins but didn't use them for voting? That logic is a bit strange. What did you buy them for then?

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DataOnlooker

· 12-27 08:33

Uh... this plot twist is a bit sudden and unexpected. Buying tokens with 15 million USD just for voting? I don't believe you. Submitting without the proposal creator's consent? That operation is really community democratic, haha. Stani's recent clarification feels a bit passive. Should have communicated properly from the start... now everything sounds like an excuse. Long-term commitment or short-term arbitrage, as long as the tokens are in hand, everything sounds good, right? This is the real test of governance—whether the community can trust you is much more important than holding tokens.

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MEVSandwichVictim

· 12-27 08:29

Honestly, pouring in 15 million USD and still saying it doesn't affect voting? That's a bit of a weak explanation... Anyway, the Aave ecosystem needs to seriously reflect on this.

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SmartContractRebel

· 12-27 08:27

It's the same old story, huh? Bought $15 million worth of AAVE but didn't use it for voting? So what did you buy it for, friend? This long-termism argument is getting a bit tiresome... The 55% opposition vote looks interesting; it shows the community is quite rational, huh? The proposal was submitted without the proposer’s approval? That operation is truly... incredible. Kulechov’s recent clarification feels a bit passive; should they just present on-chain data to prove them wrong? Transferring brand assets to DAO—this seems to have become a "mandatory course" for some projects. Long-term commitments sound the same no matter who says them; the key is how they follow through next.

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