Aave to launch overcollateralized stablecoin called GHO
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.
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Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last…
Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin
If the community passes the proposal, borrowers will be able to mint GHO by providing collateral on the Aave protocol. Aave Proposes GHO Aave could become the next major crypto...
The community-centered approach to Web3 — Aave founder and CEO
"What if we actually can have ownership on our own presence in social media — our profiles, our social identities?” asked Stani Kulechov.
DeFi summer 3.0? Uniswap overtakes Ethereum on fees, DeFi outperforms
Fees spiked to a high of $8.36 million for Uniswap on June 15, beating out Ethereum on the same day at $7.99 million, and coincided with an 8.7% pump for…
Compound, Aave, Synthetix Lead Ethereum DeFi Revival
Compound and Aave have nearly doubled in market value over the last four days, reaching critical areas of resistance. Ethereum DeFi Tokens Post Gains Compound, Aave, and Synthetix are soaring....
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market.
Finance Redefined: Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi
DeFi market saw a sharp decline in its TVL, falling over $25 billion from the last week due to sell-off pressure created by the bear market.
Maker cuts off Aave’s DAI supply as fallout from Celsius continues
The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH.
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources…
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