2025-12-22 13:23:58

The governance farce of Aave has escalated again. CEO Stani Kulechov firmly opposes the proposal to transfer brand assets from Aave Labs to the DAO, resulting in the matter being put to a Snapshot vote. Marc Zeller of the Aave Chan Initiative then fired back, accusing him of overstepping his authority and interfering with governance— the opposition between the two factions has become irreparable.

How is the market reacting? The AAVE token has plummeted, dropping 10% in one go, crashing down from the $159 position. A big whale clearly couldn't stand it any longer and gritted its teeth to sell off chips worth $37.8 million, suffering a huge loss.

This turmoil will continue until December 26th to yield results. Given the current situation, it seems that reaching a consensus within Aave won't be that easy.

AAVE-0.9%

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MerkleTreeHugger

· 18h ago

Another internal fight in the DAO, Stani really messed up this time. This governance farce of Aave is, to put it simply, a power struggle; the Token has fallen 10% and the market has already voted. That Whale lost 37.8 million; I wonder who would dare to buy the dip at such a time. Marc Zeller firing back is really satisfying, but no one can turn the tide before December 26. Is this what is called decentralized governance? It feels more twisted than traditional companies. But speaking of which, every time there's such a farce, AAVE drops; if only one could wait until the storm settles to buy, they would make a fortune.

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ProtocolRebel

· 12-22 13:54

It has started again, this mess with Aave, I'm really tired of the CEO and DAO fighting each other. Whales have already run away, isn't that enough to hurt? What is Stani thinking, why does it have to be such a hard confrontation? And it has to burn until the 26th, how much more turmoil is this? With power games played like this, the coin price can only drop. It feels like Aave is about to go out of control, it's time to clear the field. Marc is right to fire shots, just afraid it might be too late. $37.8 million in chips can be smashed just like that, it's too desperate. With the two factions torn apart like this, consensus seems hopeless.

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WagmiOrRekt

· 12-22 13:50

This is why I don't touch governance coins. Look at Aave's behavior now, the CEO and DAO are at each other's throats, and the retail investors are left to pay the bill. --- Whales have all run away, and I knew there would be no good show. AAVE's 10% drop is just an appetizer, right? --- Why is Stani still fighting for power? Does he really treat the DAO like his own company? --- Another tragedy of centralized power. What happened to the promised distributed governance? It's all just a performance. --- Will this wave continue to crash before December 26? It feels like it can go even lower. --- Neither side is good, the users are the ones who suffer the most. --- AAVE has been speculated from over 2 dollars to now, but the governance is still a pile of crap, a typical Web3 fantasy.

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