TechFlow news, December 26 — Aave founder and CEO Stani Kulechov today posted that he is committed to clarifying the economic alignment between Aave Labs and $AAVE token holders. Following a recent controversial DAO vote, he acknowledged the company failed to adequately explain how its products create value for token holders, and pledged greater transparency going forward.
Kulechov emphasized that the DAO has earned $140 million this year—more than the previous three years combined—and these funds are controlled by $AAVE token holders. He also explained his recent purchase of $15 million worth of $AAVE tokens, stating it was a personal investment reflecting his belief in the project and was not used for voting on the recent proposal.
Additionally, Kulechov stated that the Aave ecosystem is large enough to accommodate multiple service providers achieving success together, and Aave Labs will continue supporting and collaborating to build a stronger future.
