"Aave will receive 7% of the total WLFI Token" has sparked ongoing disputes, with both sides holding their ground without a conclusion.

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On August 24, a dispute arose between the Aave official team and the WLFI team regarding "Aave will receive 7% of the total supply of WLFI tokens", resulting in significant price fluctuations of the AAVE token. The timeline of this event is as follows: On December 6, 2024, the WLFI team released a proposal to "launch an Aave V3 instance on the Ethereum Mainnet," which was approved on December 13. According to the proposal, Aave, as a lending ecosystem partner of WLFI, will adopt the same reserve factor mechanism in this Aave V3 instance as in the main Aave instance. AaveDAO will receive 20% of the protocol fees generated by the WLFI Aave V3 instance and approximately 7% of the total supply of WLFI tokens to participate in future WLFI governance processes, liquidity mining, and to promote the decentralization of the WLFI platform. Last night at 20:30, Aave founder Stani.eth responded to questions about "Is the relationship between WLFI and the AAVE protocol still valid? Are they really building on Aave? There are many different rumors in the outside world," stating that the protocol is still valid, and he prominently retweeted the view that "at the current price, the Aave treasury will receive WLFI worth $2.5 billion, making it one of the biggest winners in this cycle," calling it the art of trading. Subsequently, AAVE surged to $385. Last night at 22:32, a suspected member of the WLFI Wallet team, Dylan_0x (@0xDylan_), posted to deny the association of the proposal stating that "Aave will receive 7% of the total amount of WLFI tokens," causing AAVE to temporarily drop over 5%. Early this morning at 00:13, according to reports from crypto media Wu Says, the WLFI team stated that the news about "Aave will receive 7% of the total supply of WLFI tokens" is false and is fake news. Following this, Aave founder Stani.eth responded below his tweet, stating that the proposal created by the WLFI team has been voted on and approved in Aave DAO and received approval from WLFI, and he attached the proposal link. BlockBeats note: There is currently no conclusion on this matter, nor is there an official public channel to verify whether Dylan_0x (@0xDylan_) is a member of the WLFI Wallet team. Aave founder Stani.eth has spoken on behalf of the Aave official team, and the WLFI team has not responded through official channels. BlockBeats will continue to track the progress of the event.

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