PANews reported on December 26th that Aave founder and CEO Stani.eth stated on the X platform that the recent DAO vote has concluded, raising important questionsPANews reported on December 26th that Aave founder and CEO Stani.eth stated on the X platform that the recent DAO vote has concluded, raising important questions

Aave founder: DAO's revenue this year exceeded the total of the past three years, reaching $140 million; the investment in AAVE was not used for voting on proposals.

2025/12/26 18:50

PANews reported on December 26th that Aave founder and CEO Stani.eth stated on the X platform that the recent DAO vote has concluded, raising important questions about the relationship between Aave Labs and $AAVE token holders. This was a productive discussion, crucial for Aave's long-term health. While the process was somewhat chaotic, debate and disagreement are inherent characteristics of decentralized governance.

Stani.eth stated, “I am committed to making the economic benefits between Aave Labs and $AAVE token holders clearer. Our explanation in this regard is not yet perfect and we will strive to improve it in the future. In addition, there is one point that has been overlooked in this discussion: the DAO has already generated $140 million in revenue this year, exceeding the total revenue of the past three years, and $AAVE token holders have control over this fund. In the future, we will more clearly explain how the products developed by Aave Labs create value for the DAO and $AAVE token holders.”

Regarding the widely discussed issue of his $15 million investment in $AAVE tokens, Stani.eth clarified: "These tokens were not used to vote on recent proposals, and that was never my intention. This is my life's work, and I support my beliefs with my own money."

Previously, it was reported that the proposal regarding the ownership of Aave's brand assets was rejected, with over 55% voting against it and 41% abstaining.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
Momentum Builds for World Liberty Financial (WLFI): Is There More Upside Left?

Momentum Builds for World Liberty Financial (WLFI): Is There More Upside Left?

With the fear staying intact, the cryptocurrency market has ranged a brief bullish call as of December 26. The majority of the assets are currently facing mixed
Share
Thenewscrypto2025/12/26 20:57
TRON Hovers Above $0.27 as Traders Remain Uncertain

TRON Hovers Above $0.27 as Traders Remain Uncertain

The post TRON Hovers Above $0.27 as Traders Remain Uncertain appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Dec 26, 2025 at 17:18
Share
BitcoinEthereumNews2025/12/27 01:30