On December 13, 2024, WLFI passed a proposal to deploy a WLFI Aave v3 instance, built on existing Aave v3 infrastructure and launched on the Ethereum mainnet. The proposal also stated that Aave DAO would receive 20% of WLFI Aave v3 fees and approximately 7% of the total WFLI token supply. Notably, the proposal received 1.7k votes, securing 8b WLFI, but 86.95% of the WLFI came from two suspected WLFI addresses. Meanwhile, on December 20, 2024, the Aave DAO passed the WLFI Aave v3 proposal. Notably, at that time, the first round of WLFI presale was still ongoing, and progress was slow due to the lack of a clear unlock date.
The WLFI team Wu Blockchain that the claim that Aave would receive 7% of the total WLFI token supply was false, potentially overturning the proposal. Aave founder Stani responded to Wu Blockchain, insisting the proposal remained valid. The overturning or modification of proposals is not unprecedented. A similar dispute between Spark and Aave previously occurred, with the initial promise of a 10% revenue share ultimately falling through.
