Aave calls on members to commit to Ethereum PoS chain
The outcome will give a good indication of where AAVE token holders stand ahead of the upcoming ETH hard fork. Go to Source Powered by WPeMatico
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Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability
The Fantom market on Aave V3 adds just $30 each day to the DeFi protocol’s treasury; developers are also concerned that the integration creates security risks. Go to Source Powered by WPeMatico
Aave DAO approving overcollateralized stablecoin splits crypto community
Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD (UST); however, Aave proponents were quick to point toward the overcollateralized factor. Go to Source Powered by WPeMatico
Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO
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. dollar’s value. A New collateral-Backed Stablecoin Crafted by Aave Companies Is Due … Read more
This little-known DeFi crypto token has rallied over 800% in a month
While an ongoing technical divergence between BOND’s price and volumes suggests upside exhaustion. Go to Source Powered by WPeMatico
Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive
The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week. Go to Source Powered by WPeMatico
Aave taps Pocket Network to beef up decentralized app development
Aave will leverage Pocket’s distributed network of 44,000 nodes to access on-chain data from various blockchains. Go to Source Powered by WPeMatico
Report: Equitiesfirst Named as Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that two people familiar with the matter allege … Read more
DeFi token AAVE faces major correction after soaring 100% in a month
More than 50% of AAVE’s recent gains appeared after Aave Companies proposed to launch a native stablecoin. Go to Source Powered by WPeMatico
Cred Protocol unveils its first decentralized credit scores
Releasing the results of its first credit score on the Aave Protocol, a decentralized credit scoring mechanism called Cred Protocol is set to expand to Compound and MakerDAO. Go to Source Powered by WPeMatico
