Aave's founder clarified that the $15 million investment in AAVE tokens was not for voting on proposals.
TL;DR
Aave's founder clarified that a $15 million investment in AAVE tokens was not for voting on proposals, emphasizing it as a personal commitment. The DAO generated $140 million in revenue this year, exceeding the past three years' total, with token holders controlling the funds.
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Odaily Odaily that Aave founder Stani.eth stated in an article on the X platform that the DAO has 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. He will further elaborate on how products developed by Aave Labs create value for the DAO and AAVE token holders in the future. Regarding the $15 million investment in AAVE tokens, he clarified that these tokens were not used to vote on recent proposals; this was never his intention, but rather a lifelong endeavor, using his own funds to support his beliefs. 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 the long-term health of Aave. While the process was somewhat chaotic, debate and disagreement are inherent characteristics of decentralized governance.