Recent rumors that Aave will receive 7% of the WLFI token supply have been denied by the WLFI team.
Denial of Information
The WLFI team expressed dissatisfaction over reports claiming Aave would receive 7% of their token supply. According to Wu Blockchain, WLFI representatives stated that this information was 'false and unfounded.'
Response from Aave Founder
Aave founder Stani.eth responded 'yes' to a question regarding a supposed agreement in a comment on the X platform, describing community rumors as the 'art of the agreement.'
Current Situation of AAVE Market
The alleged 7% share of Aave tokens was valued at around $2.79 billion, while AAVE's current market capitalization stands at $5.3 billion. At the time of writing, AAVE is trading at $354, reflecting a 7.5% increase over the last 24 hours.
Thus, despite conflicting reports, the WLFI team denied rumors of a 7% Aave token supply, emphasizing the need for accuracy and truthfulness in the cryptocurrency space.
