BlockBeats news, on August 24, according to Wu Shuo's report, the WLFI team stated that the claim 'Aave will receive 7% of the total supply of WLFI tokens' is untrue and is fake news.

However, contradictorily, according to a previously released proposal, Aave, as a lending ecosystem partner of WLFI, will adopt the same reserve factor mechanism as the main Aave instance in this Aave v3 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, Dylan_0x (@0xDylan_), posted to deny the proposal-related news that 'Aave will receive 7% of the total WLFI tokens.' AAVE briefly dropped more than 5%. Aave founder Stani.eth 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' by stating that the agreement is still valid. There is currently no conclusion on this matter.