Aave brand dispute rumbles on as founder buys £22M London property
The DAO vs Labs brand ownership debate is still to be settled. Meanwhile, founder Stani Kulechov spent $30M on a new London mansion.
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The DAO vs Labs brand ownership debate is still to be settled. Meanwhile, founder Stani Kulechov spent $30M on a new London mansion.
The author of a proposal on Aave DAO’s ownership of brand assets branded Aave Lab’s unilateral initiation of the vote “disgraceful.”
The Aave DAO seeks to take control of “brand assets” from Aave Labs, and the result will have a “long-lasting impact on DAOs in general.”
A debate over in-platform swaps has expanded into questions over who “owns” Aave, DeFi’s biggest app: Aave Labs or a DAO of tokenholders?
An Aave Labs integration of CoW Swap promising better prices and MEV protection has sparked a debate over whether fees belong to the DAO.
Aave is making moves to boost revenue and limit risks, offboarding Sky’s USDS and closing down v3 instances on three chains.
The DeFi community has voiced concerns around who and what is covered by Aave’s million-dollar “Balance Protection” for app users.
Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE.
Justin Sun has taken to X to defend HTX's reserves, however, a close review reveals HTX is lending 92% of its USDT on Aave.
HTX, the Justin-Sun advised exchange, has been depositing and withdrawing hundreds of millions of dollars worth of USDT on Aave.