Stani Kulechov, founder of Aave Labs, denies using $15M of AAVE tokens to influence a failed community vote. Aave Labs has not communicated economic alignment with AAVE token holders, vows to be explicit in the future. Allegations of vote manipulation surface in the Aave community against Kulechov. Controversy surrounds Aave’s brand assets control by the DAO after fees from CoW Swap integration were redirected without proper consultation. Community backlash results in over 55% voting “nay” on the proposal, signaling frustration with rushed voting process and lack of governance procedures. Former Aave Labs CTO denounces proposal listing without his consent.

Read more at Cointelegraph: Aave Founder Says $15M Token Buy Wasn’t Used in Controversial DAO Vote