Aave founder Stani Kulechov has reaffirmed the validity of WLFI agreements despite emerging rumors and speculation.
Affirmation of Agreement Validity
On August 24, 2025, Stani Kulechov announced that the WLFI proposal agreements remain valid following DAO approval. This statement comes amidst rumors that caused market fluctuations.
Governance Controversies
In light of Kulechov's affirmation, governance controversies arose regarding the allocation of tokens. Discussions focused on the alleged 7% WLFI token allocation to Aave, which was denied by the WLFI team, leading to mixed reactions within the Aave community.
Market Impact
The confirmation impacted market stability. Following misunderstandings triggered by rumors, the price of AAVE dropped but quickly rebounded after clarifications, highlighting the importance of transparent communication in DeFi projects.
Kulechov's affirmation of the WLFI agreements' validity illustrates the significance of transparency and clarity in the management of DeFi projects to maintain investor trust.
