Aave Founder Faces Scrutiny Over $10M AAVE Token Purchase Before DAO Vote
Aave founder Stani Kulechov is under scrutiny following a $10 million purchase of AAVE tokens. The purchase occurred before a significant DAO vote, leading to criticism and concerns about the concentration of voting power within the Aave governance system, according to reports. The situation highlights ongoing discussions around governance and decentralization in DeFi projects, where token holdings can significantly influence decision-making processes. The concentration of voting power is a recurring theme in decentralized autonomous organizations.
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