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Wintermute CEO: Will Vote Against the New Aave ARFC Proposal

Wintermute CEO: Will Vote Against the New Aave ARFC Proposal

BlockBeatsBlockBeats2025/12/26 01:08
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BlockBeats News, December 26, Wintermute founder and CEO Evgeny Gaevoy stated that Wintermute will vote against the AAVE ARFC governance proposal to "transfer brand asset control to token holders."


Evgeny said that the current proposal lacks specific details, and it is still unclear how the entity owning the frontend and brand will be governed, whether it will be for-profit, and how it will operate. Token value capture is the core issue facing AAVE, and there is a clear mismatch of expectations between AAVE Labs and a large number of token holders. Wintermute has invested in AAVE and participated in its governance since 2022. Evgeny hopes that AAVE Labs can seriously address the issue of token value capture, which will serve as a reference for other tokens.

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