Aave Price Plunges Amidst Disputed Token Allocation with WLFI

A recent dispute between Aave Inc. and World Liberty Financial (WLFI) has led to significant volatility in the AAVE token price, dropping over 5% following a disagreement regarding token allocations. This clash highlights concerns about transparency within decentralized finance (DeFi) governance. 🧐 ,

The discord stems from conflicting claims regarding the actual allocation of tokens following a proposal on the Ethereum blockchain. Aave was expected to receive 7% of WLFI’s total tokens, a figure that WLFI team members refuted, asserting it is false information.