According to ChainCatcher news, as monitored by lookonchain, the founder of the decentralized lending protocol Aave, Stani Kulechov, has sold 55,596 AAVE tokens since February 26, worth approximately 6.67 million dollars.Currently, Kulechov still holds 243,900 AAVE tokens, valued at about 32.7 million dollars based on the current market price.

ChainCatcher news, according to DLNews, informed sources revealed that Avara founder and CEO Stani Kulechov is seeking to raise $50 million from American venture capital firms to fund the social media platform Lens Protocol, which will bring Lens Protocol's valuation to $500 million.When asked about the token issuance of Lens Protocol, Kulechov stated, "we haven't gotten to that point yet." The current main goal is the upcoming Lens Network, a native network built on the ZKsync technology stack.

ChainCatcher news, the Fantom Foundation announced on platform X the introduction of Aave and Avara founder Stani Kulechov as an angel investor. Previously, the Fantom Foundation also announced the introduction of Superstate and Compound founder Robert Leshner, as well as Gauntlet founder Tarun Chitra and Frax Finance founder Sam Kazemian as angel investors participating in the latest funding round for the project.

ChainCatcher news, according to Decrypt, Aave founder and CEO Stani Kulechov stated that the Aave V3 upgrade is entirely aimed at managing risk. New features such as isolation mode will allow the protocol to safely onboard long-tail assets without exposing the entire protocol to risk. The upgrade also introduces a new portal feature that allows users to transfer assets between different markets on different blockchains. Additionally, the upgrade enables Ethereum bulls to double down on liquid staking derivatives like stETH before the Shanghai upgrade. (Decrypt)