The controversy over WLFI's collaboration with Aave has resurfaced, and the Token distribution plan has triggered market Fluctuation.

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On August 24, according to reports, the WLFI team stated that "Aave will receive 7% of the total supply of WLFI tokens" is inaccurate and is fake news.

However, paradoxically, according to the previously released proposal, Aave, as a lending ecosystem partner of WLFI, 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 obtain approximately 7% of the total supply of WLFI tokens for participation in future WLFI governance processes, liquidity mining, and promoting the decentralization of the WLFI platform.

Last night, a suspected member of the WLFI Wallet team posted to deny the proposal related news that "Aave will receive 7% of the total WLFI Tokens." AAVE briefly dropped more than 5%. The founder of Aave responded at 20:30 yesterday to questions regarding "Is the agreement between WLFI and AAVE still valid? Are they really building on Aave? There are many different rumors outside" and stated that the agreement is still valid. This matter has not yet reached a conclusion.

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BlindBoxVictimvip
· 20h ago
You can cover your ears and steal the bell, but who are you saying this to?
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LightningAllInHerovip
· 08-24 01:26
Be Played for Suckers has started again.
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Layer3Dreamervip
· 08-24 01:24
theoretically speaking, this looks like a recursive governance paradox...
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rugged_againvip
· 08-24 01:24
Zhuanzhuan iron mouth understood clearly
View OriginalReply0
RugPullAlertBotvip
· 08-24 01:06
This project seems a lot like the early signs of a certain project’s Rug Pull back in the day.
View OriginalReply0
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