Aave DAO Revenue Hits $140M as Governance Dispute Intensifies
The post Aave DAO Revenue Hits $140M as Governance Dispute Intensifies appeared on BitcoinEthereumNews.com.
Aave DAO posts $140M revenue in 2025, surpassing its prior three years combined. Kulechov addressed controversy over his personal $15M purchase of AAVE tokens, clarifying that they were not used to vote on the recent governance proposal. Reports suggest the founder bought around $10M of AAVE just before a major vote, raising concerns about too much control held by a single person. Aave founder Stani Kulechov announced on X that the company’s decentralized autonomous organization (DAO) generated $140 million in revenue this year, exceeding the combined total of the previous three years of DAO income. This is a major step forward for one of the biggest DeFi lending protocols. Kulechov emphasized that AAVE token holders control the DAO’s funds and admitted that the company hadn’t done a good enough job explaining how its products generate revenue. He promised to be clearer about this in the future. The founder also addressed controversy over his personal $15 million purchase of AAVE tokens, clarifying that they were not used to vote on the recent governance proposal. He described this as a show of his personal belief and long-term support for the Aave project. In the end, Kulechov said that the Aave network is big enough for many different service companies to thrive and that his team will keep helping and partnering with those building on the platform. However, some in the community and analysts questioned the timing of the buy, arguing it could have swayed a heated DAO vote about who owns the Aave brand and how revenue is distributed. Reports suggest Kulechov bought around $10 million of AAVE just before a major vote, raising worries about too much control being held by one person. The Root of the DAO Dispute At the heart of the controversy is a dispute over how Aave’s…
Filed under: News - @ December 27, 2025 8:24 am