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112d 2h ago

AAVE Founder Stani.eth Confirms WLFI Deal, Treasury to Receive $2.5B as Rumors Drive AAVE Price Volatility

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AAVE Founder Stani.eth Confirms WLFI Deal, Treasury to Receive $2.5B as Rumors Drive AAVE Price Volatility

Aave founder Stani.eth addressed market questions on social media, affirming that the WLFI and AAVE protocol arrangements “remain valid.” His response, including a prominent retweet of the phrase “The art of the deal,” aimed to quell circulating doubts among stakeholders and highlight ongoing governance engagement around the protocol.

Industry outlet COINOTAG reported that, at prevailing valuations, the Aave Treasury could receive WLFI tokens valued near $2.5 billion, and that Aave was slated to obtain 7% of WLFI supply plus 20% of protocol fees on WLFI Aave v3. These figures, cited as media reporting, underscore potential balance-sheet implications if confirmed through formal governance channels.

Subsequently, an alleged member of the WLFI Wallet team publicly denied the specifics, prompting heightened trading activity and price volatility in the AAVE token. Market participants should rely on verified governance disclosures before drawing firm conclusions.

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    AAVE Founder Stani.eth Confirms WLFI Deal, Treasury to Receive $2.5B as Rumors Drive AAVE Price Volatility - Breaking News