The founder of Aave responded: The protocol related to the WLFI proposal is still valid

ChainCatcher news, Aave founder Stani.eth responded today at 20:30 to questions regarding "Is WLFI still valid with the AAVE protocol? Are they really building on Aave? There are many different rumors out there," stating that the protocol is still valid.

"At current prices, the Aave treasury will receive WLFI worth $2.5 billion, making it one of the biggest winners in this cycle." In response to this view, the Aave founder boldly retweeted and commented, "The art of trading."

ChainCatcher previously reported that on-chain analyst @ai_9684xtpa posted an analysis on the X platform, stating that according to the previously released proposal, Aave, as a lending ecosystem partner for 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 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.

Revenue distribution will be implemented through a trustless smart contract, which will directly allocate the corresponding proportion of protocol fees to the AaveDAO treasury address and the WLFI treasury address.