Rumors that Aave had secured a large allocation of World Liberty Financial’s WLFI tokens sparked a wave of speculation in the crypto market this week – but the WLFI team has now firmly denied the claims.
According to statements shared with Wu Blockchain, the team said chatter about Aave receiving 7% of WLFI’s supply was “false and unfounded.”
The story first gained traction on X, where a community member pointed to an old proposal suggesting AaveDAO could one day share in protocol fees from WLFI integrations on Aave v3. That post also claimed a 7% allocation of WLFI tokens had been agreed upon.
The rumor snowballed when Aave founder Stani.eth responded with a cryptic “yes” in the comments, describing the speculation as “the art of the agreement.”
Traders quickly ran with the story, assigning a potential $2.7 billion value to Aave’s supposed WLFI stake — a figure nearly half of Aave’s own fully diluted valuation.
Despite the denials, AAVE’s price reacted strongly to the buzz. The token climbed more than 7% in a single day, trading at $354 at press time and pushing its market cap past $5.3 billion.
For now, the WLFI team insists there is no such deal, though the flare-up highlights how quickly rumors can ripple through the DeFi sector and spark sharp market moves.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/aave-denies-rumours-of-getting-7-of-wlfi-tokens/