Aave's governance is under scrutiny after founder Stani Kulechov purchased $10 million worth of AAVE tokens, raising concerns about potential centralization within the decentralized finance platform. This move has prompted investors to explore alternative projects, such as DeepSnitch AI, which is set to launch its token in January 2026.
DeepSnitch AI has already garnered significant attention, with its presale raising $885,000. The project aims to provide traders with advanced real-time data tools. In contrast, Bittensor (TAO) experienced a 12% decline in late December, highlighting the volatile nature of the crypto market.
Aave Governance Criticized as Founder Buys $10M in Tokens
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
