Your Daily Digest of Global Stories
The initiative offers an annual profitability of 12% for promoting USDE. Julio was a good month for the USDE stable, as he had a strong expansion. Ethena, Protocol of Decentralized Finance (DEFI) known for its Synthetic Stablin USDE, closed an alliance with AAVE, the largest decentralized loan platform in the market, to offer greater yields…
The Wallet of Ethereum and other cryptocurrencies, Metamask, has integrated a new function called «Stablecoin Earn», which allows users to generate passive income depositing the USDC, USDT and DAI stablinins directly in its mobile application. This process is carried out through the Aave decentralized loan protocol, no need for external platforms or additional commissions. When…
Aave’s expansion to several networks drives its growth. The Token Aave (AAVE) shows moderate growth, perhaps still undervalued. AAVE is the main decentralized platform of loans. Now, according to Token Terminal data, its active loans exceed 22.4 billion dollars. With this figure, AVE concentrates 66.1% of the total decentralized loan marketleaving their competitors very behind….
BTCS, a technological company focused on infrastructure for cryptocurrency networks, completed the acquisition of 2,731 ETHER (ETH) for a value of 8 million dollars. That combined it with a loan of 2.34 million USDT obtained in AAVEa decentralized loan platform, with own funds, Charles Allen saidCEO of BTCS. This operation reinforces the position of the…
AAVE, the main platform of decentralized loans, has reached a volume of deposits of 50,000 million dollars, standing along or above several traditional financial institutions. Banks such as Bok Financial Corporation and First National Bank of Pennsylvania of the United States, have been overcome in deposits as shown by a comparative table published By Kolten…
Tether and Circle are the companies to “win” by AAVE. In addition, the Stablecoin GHO recently reached a historical maximum in capitalization. AAVE, a decentralized loan platform, currently administers 45,000 million dollars in total blocked value (TVL), a metric that measures the value of the assets deposited in the smart contracts of a Defi protocol….
Aave wants to operate on Spiderchain, which allows Ethereum apps to be compatible with Bitcoin. If the proposal is approved, they will launch a synthetic version of bitcoin on Spiderchain. Aave, one of the world’s largest DeFi lending protocols with a total value locked of $17 billion, is exploring the possibility of deploying its version…
World Liberty Financial will take advantage of Aave developments for its operation. Additionally, a governance token will be sold to accredited investors on September 16. World Liberty Financial (WLF), the decentralized finance (DeFi) platform backed by US presidential candidate Donald Trump and run by his children, announced a partnership with Aave, one of the most…
