Reportedly, the community of Aave has come out supporting the deployment of V3 on Metis. Aave is a DeFi lending protocol that recently registered a TVL of $8.5 billion, and Metis is a layer 2 network on Ethereum. Reports further claim that Metis will roll out $3 million in liquidity mining for Aave users. This includes 100,000 METIS tokens through a reward program.

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Coinbase is busy bringing decentralized finance (DeFi) applications UniSwap and Aave to Base, the U.S.-listed exchange’s layer 2 (L2) network that was launched last month.

Justin Sun has withdrawn approximately 82 million USDC from Aave Protocol V2 and exchanged them for 82 million DAI.

Some AAVE users who accidentally sent tokens to the wrong address may soon be able to recover them, according to the text of a proposal passed by the AAVE decentralized autonomous organization (DAO) on March 10. The proposal, called “Rescue Mission Phase 1 Long Executor,” authorized AAVE developers to upgrade smart contracts that have been mistakenly sent tokens in the past, causing the contracts to automatically send the lost tokens back to their original owners.

Decentralized lending protocol Aave moved closer to delisting troubled stablecoin BUSD Thursday after a roadmap for executing the plan cleared a procedural hurdle.

Aave, a decentralized lending protocol, is considering deploying a minimum viable version (MVP) of Aave version 3 on Polygon's upcoming zkEVM Layer 2 network.

Borrowing and lending cryptocurrency can be a lucrative investment strategy, but it comes with risks. It’s important to do your research and only invest what you can afford to lose.

The Aave community is currently considering a proposal to freeze the BUSD reserve on the Aave V2 market in light of Paxos’ move to stop minting BUSD.

Aave, one of crypto’s largest decentralized finance (DeFi) protocols, has deployed its native stablecoin GHO on Ethereum’s Goerli testnet, Aave Companies, one of the firms that develops the lending protocol, announced Thursday.