ChainCatcher news, Aave founder Stani.eth responded today at 20:30 regarding the question "Is the WLFI and AAVE protocol still valid? Are they really building on Aave? There are many different rumors outside" and stated 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, Aave founder prominently 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 a previously released proposal, Aave, as a WLFI lending ecosystem partner, 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 about 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 that will directly allocate the corresponding proportion of protocol fees to the AaveDAO treasury address and the WLFI treasury address.
