Aave Co-founder Stani Kulechov: Aave Has Not Eliminated wBTC, Related Controversial Proposal is Not a Removal Proposal

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September 21, 2024
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Aave Clarifies: No Plans to Delist wBTC

Following rumors that Aave might be delisting Wrapped Bitcoin (wBTC), Aave co-founder Stani Kulechov clarified on September 20th that these rumors are false. “This is incorrect,” he stated. “Aave is not delisting wBTC. This is a proposal by one of the risk providers to limit wBTC. The Aave DAO is a true DAO, and proposals don’t necessarily reflect exit decisions, and this particular proposal isn’t about exiting.”

According to Aave forums, other key figures within the Aave community, including ACI founder Zeller, and community representatives, have also voiced their opposition to the proposal, calling for a more cautious approach. As of now, Aave has not taken any action to disable or adjust any parameters related to wBTC.

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