Aave DAO clashes with Aave Labs over token‑alignment vote and control of protocol IP; founder votes ‘no’ as AAVE plunges

first published 2025-12-23T00:15:13Z

A proposal to transfer Aave’s off‑chain brand assets (name, domains, website, social channels) to the Aave DAO — pushed by Ernesto Boado of BGD Labs — prompted public pushback after founder Stani Kulechov moved the matter to a Snapshot vote. During the debate a whale sold 230,350 AAVE (≈$37.6M), briefly pushing price toward $148 and leaving AAVE down about 8.7%.

AI Analysis

The story describes a governance dispute to transfer ownership of off‑chain brand assets to the DAO (proposal by Ernesto Boado, moved to Snapshot by Stani Kulechov) and reports a concrete, large whale sale of 230,350 AAVE (~$37.6M) that coincided with a sharp price drop (briefly toward $148, ~8.7% down). These facts directly link governance uncertainty to a market-moving sell-off, justifying negative sentiment and above‑average short‑term impact.

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