Aave founder accused of manipulating governance votes after spending millions of dollars to buy tokens

ChainCatcher reports that, according to market sources, Aave founder Stani Kulechov recently sparked controversy within the community for purchasing $10 million worth of AAVE tokens. Critics pointed out that this move could be aimed at increasing his influence in key governance proposal votes. The current controversy centers around a proposal to reclaim control of the protocol’s brand assets, which has been accused of rushing into the voting phase without sufficient discussion. Data shows that the top three voters in Aave DAO control over 58% of the voting rights, raising questions about the fairness of the governance mechanism.