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Aave backs the proposed Metis deployment
22.3.2023
Reportedly, the community of Aave has come out supporting the deployment of V3 on Metis. Aave is a DeFi lending protocol that recently registered a TVL of $8.5 billion, and Metis is a layer 2 network on Ethereum. Reports further claim that Metis will roll out $3 million in liquidity mining for Aave...
Coinbase Is Adding DeFi Apps Uniswap and Aave to Its Base Blockchain: Source
14.3.2023
A person familiar with the process said Uniswap would probably appear on Base in a couple of months
Debtors saved over $100M using de-pegged stablecoins to repay loans
14.3.2023
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar
Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs
11.3.2023
The trading freeze follows an analysis from DeFi's risk manager firm Gauntlet Network considering different scenarios for the USD Coin price
AAVE DAO votes for 'rescue plan' to save lost tokens
10.3.2023
The plan intends to allow developers to recover tokens from certain AAVE contracts and send them to owners who transferred them by mistake
Gaming Protocol Aavegotchi Members Are Voting to End Multiyear Token Sale, Which Could Limit GHST Supply
9.3.2023
If passed, roughly $33 million DAI will be allocated to support the development of the Aavegotchi ecosystem
Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin
9.3.2023
Crypto borrowing and lending platform Aave is moving closer to offboarding Binance's troubled stablecoin BUSD
Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark
25.2.2023
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that...
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
16.2.2023
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido...
Aave Community Mulls Freezing Binance Stablecoin Amid SEC Pressure
13.2.2023
Members of the Aave community are examining whether to freeze BUSD on the platform and the stablecoin's issuer, Paxos, was sued by the SEC today
Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits
9.2.2023
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open Zeppelin, Sigmaprime and ABDK. Aave Invites Programmers...
Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs, LocalBitcoins Closing down
9.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs...
Aave Deploys Native Stablecoin GHO on Ethereum Testnet
9.2.2023
Aave’s GHO is set to join a fierce competition as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins
DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
9.2.2023
MakerDAO, the DeFi organization that facilitates the generation of the DAI stablecoin, is releasing Spark Protocol – a lending platform that will rival Aave
Avalanche (AVAX) price is up, but do fundamentals support the rally?
7.2.2023
AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum
DeFi protocols unite to promote permissionless Web3 experiences
7.2.2023
The collaboration of over 30 DeFi projects came as an effort to counteract the negative sentiments built in 2022 due to numerous CeFi ecosystem crashes
DeFi Lender Aave to Distribute Lido Staking Rewards on Arbitrum and Optimism
7.2.2023
The Aave community has favorably voted on a proposal to permit Lido DAO to distribute token rewards across liquidity pools on three networks
Stablecoin adoption could lead to DeFi growth, says Aave founder
6.2.2023
Stani Kulechov said that one of the challenges in the ecosystem is that there's less backing in decentralized stablecoins compared to centralized ones
Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse
2.2.2023
The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back...
Aave deploys V3 on Ethereum mainnet to mitigate user risk
30.1.2023
Aave recently released Version 3 on the Ethereum mainnet. The network released an official tweet to inform users about the deployment. With the update, the Aave community has gained access to technical advantages and features on Ethereum. This is Aave’s biggest deployment, as it includes support...