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aave

cryptocurrency September 1, 2023

Stablecoins, including sDAI and GHO, propelled Aave V3’s $100 million loan record. Assets staked on the protocol reduced in the last 24 hours. A whopping $100 million— that was the value of loans issued on Aave [AAVE] on Monday 28 August. The landmark, a record high, was reported by Lucas Outumoro,  IntoTheBlock’s Head of Research. […]

cryptocurrency August 21, 2023

Advertisements A proposal for the launch of Aave’s V3 iteration on Base has been approved by community members. AAVE sees increased distribution, putting downward pressure on its price. Aave’s [AAVE] governance forum has approved a proposal to deploy the lending protocol’s V3 iteration on the new Layer 2 (L2) scaling network Base. How much are 1,10,100 […]

cryptocurrency July 17, 2023

Advertisements GHO has launched on the Ethereum mainnet. Aave has replaced MakerDAO as the DeFi protocol with the second-largest TVL. Following the ratification of a proposal to do the same, lending protocol Aave [AAVE] finally launched its over-collateralized stablecoin GHO on the Ethereum Mainnet on 15 July.  The Aave DAO has successfully launched @GHOAave on […]

cryptocurrency July 12, 2023

Advertisements The proposal to launch GHO on Ethereum’s mainnet reached quorum after protocol delegate AaveChan voted “Yae” on Wednesday. Aave DAO’s community wholly backed the plan as all members of the DAO voted in support with over 698,000 votes at press time. This comes after months of successfully testing the GHO stablecoin on the Ethereum […]

cryptocurrency May 20, 2023

Advertisements Aave V2 iteration on Polygon has suffered a temporary halt. AAVE’s buying pressure has climbed in the last week. Aave’s [AAVE] V2 iteration on Layer 2 (L2) network Polygon [MATIC] suffered a temporary halt due to a bug on 19 May. This prevented Aave V2 Polygon users from interacting with Wrapped Ether [wETH], Tether […]

cryptocurrency January 27, 2023

Aave V3 is now live on the Ethereum mainnet. With this upgrade, WBTC, WETH, wstETH, USDC, DAI, LINK, and AAVE are the only supported assets.  Advertisements Aave V3 Improves Capital Efficiency Stani Kulechov, the co-founder of Aave, said V3’s flexible design introduces new ways of mitigating risks, reducing gas costs, and improving capital efficiency, all while […]

cryptocurrency November 22, 2022

Share this article URL Copied Advertisements CRV has experienced a 75% swing after self-described “applied game theorist” Avraham Eisenberg launched a plan to short the token that appears to have backfired.  Curve Whale Games One of crypto’s most infamous whales is waging war on Curve.  Avraham Eisenberg, the self-described “applied game theorist” responsible for last […]

cryptocurrency June 21, 2022

Key Takeaways Compound and Aave have surged by over 70% since Jun. 18. Synthetix also went parabolic at the start of the week as its trading volumes have exploded. COMP can hit $63 and AAVE $94 if the buy orders continue piling up.  Share this article URL Copied Advertisements Compound and Aave have nearly doubled […]