DeFi Pioneer MakerDAO Announces Aave Competitor Spark Protocol
Decentralized finance (DeFi) stablecoin platform MakerDAO has proposed Spark Protocol. The new system is based on the Aave lending protocol’s smart contracts.
Aave vs Compound: A DeFi Lending Platform Comparison
Aave and Compound are both popular decentralized lending platforms that allow users to lend and borrow a variety of different cryptocurrencies.
Lido Reacts in This Manner Post Changes to MakerDAO and Aave Lending Pools
Lido Finance’s [LDO] tweet on 6 February highlighted the impressive growth of MakerDAO [MKR] and Aave’s [AAVE] lending pools on its protocol. Over the last week, MakerDAO’s steCRV experienced a surge of 636%, while Aave’s Wrapped stETH [wstETH] increased by 140%.
Aave Integrates Chainlink’s Proof of Reserves on Avalanche via BGD Labs
Chainlink’s Proof of Reserve feature is now available on Aave lending platform on the Avalanche blockchain for on-chain verification and transparency of lending markets.
DeFi Lender Aave to Distribute Lido Staking Rewards on Arbitrum and Optimism
Rewards from staking ether on Lido will now be distributed by Aave on Ethereum, Arbitrum, and Optimism following a recently-concluded community vote.
Aave CEO: New Security Upgrades 'Silo the Risk Away'
First proposed in November 2021, Aave’s latest upgrade is finally here.
Stablecoin Adoption Could Lead to DeFi Growth, Says Aave Founder
Stani Kulechov, the founder of the decentralized finance (DeFi) protocol Aave, highlighted several issues within the DeFi space at the StarkWare Sessions 2023, held at The Cameri Theatre in Tel Aviv, Israel.
Lido’s Aave Success in Jeopardy: What Challenges Lie Ahead?
Lido’s [LDO] Wrapped State ETH [wstETH] was at the top of charts at press time, as per the Ethereum [ETH] market on Aave [AAVE]. Lido‘s wstETH is a type of ERC-20 token that represents a stake in the Ethereum 2.0 deposit contract, allowing users to take part in the Ethereum 2.0 network and earn rewards for staking their tokens.
Aave Set to Launch Third Version of Its Crypto Lending Protocol on Ethereum
DeFi lending platform Aave is set to launch the third version of its protocol on Ethereum after a successful DAO vote.
Aave Purchases 2.7M CRV To Clear Bad Debt Following Failed Eisenberg Attack
According to a new post on Jan. 26, Marc Zeller integrations lead at decentralized finance (DeFi) lending protocol Aave stated that the firm purchased 2.7 million Curve (CRV) tokens which would clear "excessive remaining bad debt" within the next 15 hours over a dozen transactions. The move follows the community approval of Aave Improvement Protocol (AIP) 144, which deployed a swap contract that acquires 2,700,000 units of CRV, with a USDC spend limit of $3,105,000 and max unit value of $1.15 per CRV token.
