Aave founder Stani Kulechov is under scrutiny after purchasing $10 million in AAVE tokens just before a significant governance vote. This action has sparked concerns about potential influence over protocol decisions, especially as the top three voters control over 58% of the voting power.
The governance proposal, which seeks to reclaim control of Aave's brand assets, has been criticized for being expedited and lacking sufficient community input. Analysts are questioning the current governance mechanisms' ability to protect the interests of smaller stakeholders in the protocol.
Aave Founder Criticized for $10M AAVE Purchase Before Governance Vote
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