Aave (AAVE) Founder Stani Kulechov Twitter Ban Lifted | The Suspension Could Speed Development Of Hinted At Competitor Built On Ethereum (ETH)

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Twitter Inc temporarily suspended Aave (AAVE) founder Stani Kulechov’s account for making a joke on Wednesday.

The ban follows Tesla CEO Elon Musk’s comment about the importance of free speech on Twitter following his $44 billion acquisition.

“Musk has claimed that he believes Twitter should be an unregulated global town hall, and Twitter has long prided themselves on being the arbiters of public conversation,” Kulechov divulged to The Block.

“But if that was truly the case, then the digital town hall would be owned by the public as well, not just hosted by a centralized force that could close their doors to people at their choosing.”

After Kulechov’s account was reinstated by Twitter on Thursday, he fired off a new tweet with the same joke that earned him a ban in the first place.

Kuelchov has also hinted in the past at building a Twitter competitor on Ethereum (ETH).

Since @jack is going to build Aave on Bitcoin, Aave should build Twitter on Ethereum

— stani.eth (,) (@StaniKulechov) July 17, 2021

This may become a reality sooner rather than later in light of the suspension.

Aave is one of the largest DeFi lending protocols. At the time of writing, more than $12 billion was locked into lending pools on Aave, as per data from DeFi Llama. The largest lending pool was Ethereum ETH/USD with over $9.7 billion in total value locked (TVL), followed by Avalanche AAVE/USD and Polygon MATIC/USD.


Chris Munch

Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.