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Aave Launches GHO Stablecoin on Ethereum Network
17.7.2023
Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3). Aave’s Dollar-Pegged GHO Token Goes Live...
Aave's Dollar-Pegged GHO Stablecoin Achieves $2.5M Market Cap within 48 Hours
17.7.2023
In just 48 hours of being launched, Aave's GHO, an algorithmic stablecoin pegged to the United States dollar on the Ethereum network, has already achieved a total minting value of $2.5 million.
On July 15, Aave launched GHO, a decentralized and over-collateralized stablecoin backed by a variety...
Uwerx (WERX) will triumph over ApeCoin (APE) & Aave (AAVE) in 2023
20.4.2023
One project currently in presale is predicted to reach the blue-chip coin level in 2023, as it may disrupt an entire industry. This project is called Uwerx, and many analysts are predicting a much brighter future than prominent coins like ApeCoin (APE) and Aave (AAVE). But why have they come...
Oryen Network (ORY) presale challenges DeFi projects like Aave (AAVE) and Near Protocol (NEAR)
26.12.2022
Oryen Network (ORY), a multi-use cryptocurrency platform with features such as staking, trading, and assets management, has seen significant growth since the launch of its presale. Offering a fixed APY of 90%, 0.177% daily rewards paid out every 60 minutes, and an auto-staking feature enabled...
Orbeon Protocol (ORBN) moves up 125% in presale; Experts recommend shifting Cosmos (ATOM) and Aave (AAVE)
24.11.2022
Though the market crashes triggered by Terra (LUNA) debacle in May and the FTX implosion in November have led to huge corrections in token prices this year, there has been no decline in new and exciting project launches. One such project, which has quickly grabbed investors’ attention, is...
Best Crypto to Buy Now 24 October – IMPT.io (IMPT), Aave (AAVE), Aptos (APT), Solana (SOL), XRP
24.10.2022
The crypto industry has been seeing a price drop for nearly a full year now, but as October is coming to an end and the anniversary of the crypto winter’s start approaches, many are expecting for the bear market to end around the same time. Whether or not it will happen remains to be seen. However...
Best Crypto to Buy Now 20 October – IMPT (IMPT), Aave (AAVE), Uniswap (UNI), XRP
20.10.2022
The crypto market had a sideways day with the total market cap registering at the same level as the previous 24 hours and the largest coins in the market barely moving one way or the other.
However, some coins have shown a bit more life on October 20.
The new eco-friendly crypto project passed...
Biggest Movers: XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak
19.10.2022
Monero raced to its highest point in ten days, as the token moved past a key resistance level on Wednesday. Today’s move sees the token rise higher for a fourth consecutive day, following a rebound from its long-term floor. Aave was also in the green, as it remained close to a five-week...
Uniglo (GLO) Clear Candidate for Top 50, Competing with Aave (AAVE) and ApeCoin (APE)
18.9.2022
The cryptocurrency market is always in flux. It can be difficult to pin it down and identify the good investment options from the bad ones. However, market watchers are in unison in saying that the new decentralized project, Uniglo (GLO), is set to rise above the low-performing projects. Uniglo...
Uniglo (GLO), Aave (AAVE), & Stellar (XLM) May Outperform Major Crypto like Cardano (ADA) Soon
19.8.2022
The cryptocurrency market experienced a major crash in May and continues to struggle today. FED interruptions and investigations are also creating new obstacles that further dull the growth potential of established cryptos such as Cardano. However, while many major cryptos are bearish today,...
Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO
1.8.2022
On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S....
Top Low Cap DeFi Gems: Uniglo (GLO), Spookyswap (BOO), & Aave (AAVE) Gain the Attention of DeFi Analysts
26.7.2022
Market capitalization is typically used to rank cryptos – a higher market cap means more people are invested in it. Thus, the coin is perceived to be more reliable. On the other hand, tokens with a low market cap can be viewed as speculative and unreliable. Unfortunately, this assumption about...
Aave to launch overcollateralized stablecoin called GHO
8.7.2022
GHO would allow users to borrow the stablecoin while still learning yield on their locked assets on Aave, however the proposal is just seeking feedback at this stage
Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon
18.5.2022
The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token (NFT) that can be ported into decentralized applications. Lens...
Biggest Movers: AVAX Rebounds on Tuesday, AAVE up Over 10%
17.5.2022
Global crypto markets are up over 2% during Tuesday’s session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday’s session, with AAVE trading as much 10% higher. Aave (AAVE) AAVE rebounded during...
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
1.5.2022
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value...
Biggest Movers: APE up Almost 30%, ZIL and AAVE Among Wednesday’s Big Gainers
20.4.2022
APE was up close to 30% on Wednesday, as the recently listed token climbed to its highest point since it began trading on March 17. AAVE also saw a double-digit percentage increase today, whilst ZIL extended recent gains. AAVE AAVE was up by nearly 10% in today’s session, as prices rallied...
Aave launches V3 liquidity pool following unanimous governance decision
16.3.2022
The voting snapshot occurred between Nov. 4 and Nov. 11 last year, engaging 2,911 members of the Aave community
Aave Launches Web3, Smart Contracts-Based Social Media Platform Built on Polygon
9.2.2022
The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops...
Defi Lending Startup Aave Launches Permissioned Platform to Entice Financial Institutions
5.1.2022
On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will leverage Fireblocks as the first whitelister as the platform aims to help bridge traditional...