Archives

Aave Integrates Chainlink SVR on Ethereum (ETH) Mainnet to Recapture Liquidation MEV, Boost Protocol Revenue

Chainlink, the “standard” for onchain finance, BGD Labs, a Web3 development initiative focused on the Aave ecosystem, and Aave Chan Initiative, one of the forces behind the Aave protocol, announced that the Aave DAO community has integrated Chainlink Smart Value Recapture (SVR) on Ethereum (ETH)… Read More

GHO: Aave based Stablecoin Pegged 1 to 1 to US Dollar Announced

Aave, a web3 protocol company, has announced a new dollar-based stablecoin “GHO” (pronounced Go), on Ethereum’s Goerli Testnet. Pegged one to one to the US dollar, the digital asset is said to be overcollaterizled According to the company, the Aave DAO will manage the supply… Read More

Bitcoin to Ethereum Bridge: tBTC Minting Live in Partnership with Aave, Yearn.Finance, Others

Threshold Network, a provider of cryptography services to unlock greater utility of digital assets, announced the launch of tBTC, the industry’s “only” decentralized, permissionless, and scalable Bitcoin-to-Ethereum bridge. The launch will “allow users to wrap their BTC in exchange for tBTC tokens that can be… Read More

Flash Loans Worth $2B Processed via Leading DeFi Platform Aave (AAVE) in 2020, Potential for More Growth but Major Risks Involved

Aave (AAVE), an open-source and non-custodial protocol to earn interest on deposits and borrow assets, handled $2 billion in flash loans in 2020. Aave is basically a borrowing and lending platform that supports flash loans, which are “rapidly executed loans borrowed that are paid back… Read More

Aave Ltd, which Received E-Money Authorization from UK’s FCA, Reveals that Depositors Earned Major Returns for USDC, USDT, Dai Stablecoin

Isa Kivlighan from Aave (AAVE), an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, states that 2020 was an “incredible year” for DeFi, as the sector grew dramatically from a little over… Read More

DeFi Protocol Aave Claims Journey Towards “Decentralization” Continues with Protocol Governance Process Live on Mainnet

The team at Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, recently noted that their journey towards “decentralization” continues with the introduction of Aave Governance on mainnet (the production-ready or… Read More

Send this to a friend