「Aave to Receive 7% of WLFI Total Token Supply」 Sparks Ongoing Dispute, Both Sides Stick to Their Guns with No Resolution

August 24th witnessed a disagreement between the Aave official and the WLFI team regarding "Aave will receive 7% of the WLFI total token supply," which triggered a significant price fluctuation of the AAVE token. The timeline of this event is as follows: On December 6th, 2024, the WLFI team proposed "Launching Aave V3 Instance on the Ethereum Mainnet," and it was passed on December 13th. According to the proposal, as a lending ecosystem partner of WLFI, Aave will adopt the same reserve factor mechanism in this Aave v3 instance as the main Aave instance. AaveDAO will receive 20% of the protocol fees generated by the WLFI Aave v3 instance and will receive approximately 7% of the total WLFI token supply for participating in future WLFI governance processes, liquidity mining, and driving the decentralization of the WLFI platform. Last evening at 8:30 PM, Aave founder Stani.eth responded to doubts about "Is the WLFI partnership with AAVE still valid? Are they really building on Aave? There are many different rumors" by stating that the protocol is still valid. He emphasized 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." He called it the art of the deal, and AAVE subsequently surged to touch $385. Last evening at 10:32 PM, a purported member of the WLFI Wallet team, Dylan_0x (@0xDylan_), posted denying the association with the proposal of "Aave receiving 7% of WLFI total token supply," causing AAVE to temporarily drop by more than 5%. Early this morning at 12:13 AM, according to crypto media Wu Shuo, the WLFI team stated that the news of "Aave receiving 7% of the total WLFI token supply" is false and a piece of fake news. Subsequently, Aave founder Stani.eth responded below his tweet that the proposal created by the WLFI team has been voted on and approved by WLFI on the Aave DAO, providing a link to the proposal. BlockBeats Note: This matter currently has no conclusion, and there is no 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, and the WLFI team has not responded through an official channel. BlockBeats will continue to track the progress of this event.