Aave Founder: DAO's earnings this year exceeded the total of the past three years, reaching $140 million, and the funds used to buy AAVE were not used for proposal voting.

PANews December 26 News, Aave founder and CEO Stani.eth stated on the X platform that the recent DAO vote has concluded and has sparked important questions about the relationship between Aave Labs and $AAVE token holders. This has been a productive discussion that is crucial for the long-term healthy development of Aave. Although the process was somewhat chaotic, debate and disagreement are inherent features of decentralized governance. Stani.eth pointed out: “I am committed to making the economic interests between Aave Labs and $AAVE token holders clearer. Our explanations in this regard are still not perfect, and we will strive to improve in the future. Additionally, one point that was overlooked in this discussion is that the DAO has already earned $140 million this year, surpassing the total earnings of the past three years, and $AAVE token holders have control over this fund. Moving forward, we will more clearly articulate how products developed by Aave Labs create value for the DAO and $AAVE token holders.” Regarding the community’s hot topic about the $15 million purchase of AAVE tokens, Stani.eth clarified: “These tokens were not used to vote on recent proposals, and that was never my intention. This is my lifelong career, and I support my beliefs with my own funds.” Earlier, the proposal for the attribution of Aave brand assets was rejected, with over 55% voting against and 41% abstaining.