Source: CryptoNewsNet
Original Title: Aave Founder Weighs In: Kulechov Responds to DAO Governance Storm
Original Link:
Key Highlights
Aave DAO vote has sparked debate on power and balance between Aave Labs and AAVE token holders
Kulechov promises clarity on economic alignment and governance
Strong DAO revenues and ecosystem growth reinforces Aave’s long-term confidence
DAO Vote Sparks Governance Debate
After a controversial community vote on the Aave platform, Aave founder Stani Kulechov spoke out about the situation. The DAO vote has ended, but it raised questions about who really controls Aave—the core team or AAVE token holders.
Kulechov responded, saying this kind of tension is healthy and shows the system is working. According to him, open debate and even disagreements are important parts of decentralized governance, and in a way they help the protocol stay strong over the long term rather than weakening it.
The situation has also drawn attention to a bigger issue in the DeFi ecosystem: how much influence core teams should have in projects that are meant to be community-run. In Aave’s case, the roles of Aave Labs and the community are not clearly defined, sparking calls for better clarity on who does what and how value created by the protocol ultimately benefits AAVE token holders.
Commitment to Economic Transparency
Kulechov directly responded to complaints that the relationship between Aave Labs and Aave token holders is not clear enough. He admitted that the team has not explained this in the past and is working on fixing that. Moving forward, Aave Labs will clearly explain how its products create value for the DAO and AAVE token holders.
He highlighted that the DAO is doing very well financially. According to Kulechov, the Aave DAO has earned more than $140 million in a year alone—more than what it made in the previous three years combined. Importantly, this money is controlled only by AAVE token holders.
This strong growth shows that Aave’s ecosystem is becoming increasingly mature. Revenue comes from lending fees, liquid staking products, and other features running across multiple blockchains such as Ethereum, Polygon, and Avalanche.
Clarifying the $15M AAVE Purchase
Kulechov also clarified that his $15 million AAVE purchase was a personal investment and has not been used for voting. He said the buy demonstrates his belief in Aave. AAVE’s total value locked exceeds $15 billion, showing strong DeFi leadership across multiple blockchains and active user engagement.
Ecosystem Collaboration and Optimistic Outlook
Kulechov stated that Aave supports many teams building on its platform, not just one group. He believes collaboration strengthens the ecosystem and is confident that working together will help Aave grow and succeed long-term.
Kulechov’s statement comes at a time when institutional interest in DeFi is growing. With AAVE holders controlling a $140 million treasury, clearer governance could strengthen trust. While reactions have been mixed, upcoming updates and governance improvements may reinforce Aave’s market position.
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Aave Founder Responds to DAO Governance Concerns: Kulechov Promises Transparency and Economic Clarity
Source: CryptoNewsNet Original Title: Aave Founder Weighs In: Kulechov Responds to DAO Governance Storm Original Link:
Key Highlights
DAO Vote Sparks Governance Debate
After a controversial community vote on the Aave platform, Aave founder Stani Kulechov spoke out about the situation. The DAO vote has ended, but it raised questions about who really controls Aave—the core team or AAVE token holders.
Kulechov responded, saying this kind of tension is healthy and shows the system is working. According to him, open debate and even disagreements are important parts of decentralized governance, and in a way they help the protocol stay strong over the long term rather than weakening it.
The situation has also drawn attention to a bigger issue in the DeFi ecosystem: how much influence core teams should have in projects that are meant to be community-run. In Aave’s case, the roles of Aave Labs and the community are not clearly defined, sparking calls for better clarity on who does what and how value created by the protocol ultimately benefits AAVE token holders.
Commitment to Economic Transparency
Kulechov directly responded to complaints that the relationship between Aave Labs and Aave token holders is not clear enough. He admitted that the team has not explained this in the past and is working on fixing that. Moving forward, Aave Labs will clearly explain how its products create value for the DAO and AAVE token holders.
He highlighted that the DAO is doing very well financially. According to Kulechov, the Aave DAO has earned more than $140 million in a year alone—more than what it made in the previous three years combined. Importantly, this money is controlled only by AAVE token holders.
This strong growth shows that Aave’s ecosystem is becoming increasingly mature. Revenue comes from lending fees, liquid staking products, and other features running across multiple blockchains such as Ethereum, Polygon, and Avalanche.
Clarifying the $15M AAVE Purchase
Kulechov also clarified that his $15 million AAVE purchase was a personal investment and has not been used for voting. He said the buy demonstrates his belief in Aave. AAVE’s total value locked exceeds $15 billion, showing strong DeFi leadership across multiple blockchains and active user engagement.
Ecosystem Collaboration and Optimistic Outlook
Kulechov stated that Aave supports many teams building on its platform, not just one group. He believes collaboration strengthens the ecosystem and is confident that working together will help Aave grow and succeed long-term.
Kulechov’s statement comes at a time when institutional interest in DeFi is growing. With AAVE holders controlling a $140 million treasury, clearer governance could strengthen trust. While reactions have been mixed, upcoming updates and governance improvements may reinforce Aave’s market position.