Wintermute Founder to Vote Against Latest Aave Governance Proposal

Wintermute founder Evgeny Gaevoy said the firm will vote against a recent Aave governance proposal, citing concerns over token value accrual and a lack of detail on frontend governance, according to crypto news outlet Wu Blockchain. Gaevoy noted that Wintermute has been an AAVE investor since 2022 and is an active participant in the protocol’s governance. Aave is a major decentralized finance (DeFi) lending protocol.