Aave founder Stani Kulechov rejects reported Payward bid, says protocol won’t sell tokens at 70% discount

On Friday (June 26), Stani Kulechov, the founder of the decentralized lending protocol Aave, expressed disbelief at a report suggesting Aave may be sold at a fraction of its current market valuation. His response suggests that larger DeFi protocols are rebuffing acquisition interest at discounted terms, despite traditional finance companies seeking ways into the onchain...