NewsDialy
Stani Kulechov, the founder of Aave, publicly rejected a reported acquisition approach by Payward, stating that the AAVE token is not for sale "at a 70% discount." The pushback comes after Aave's decentralized autonomous organization passed the "Aave Will Win" proposal, which redirects 100% of protocol revenue and revenue from Aave-branded products to the DAO and AAVE token holders — a structural change that makes the token more valuable to hold and, by extension, harder to acquire cheaply.
What the Reported Payward Approach Said The "70% discount" framing belongs to Kulechov, not to a confirmed bid price.
What it signals is that Aave's leadership considers the AAVE token deeply undervalued at whatever level Payward is said to have proposed.
The source identifies Payward as the entity behind the reported approach but does not confirm the specific terms of any offer or include a public statement from Payward itself.
Keep reading