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Cryptocoins News / EthereumWorldNews - 1 year ago

Aave’s GHO Deployment On Ethereum Inches Closer As DAO Votes In Favor

The proposal to launch GHO on Ethereum’s mainnet reached quorum after protocol delegate AaveChan voted “Yae” on Wednesday.Aave DAO’s community wholly backed the plan as all members of the DAO voted in support with over 698,000 votes at press time.Th...

Cryptocoins News / EthereumWorldNews - 1 year ago

Aave DAO Floats Proposal To Launch Stablecoin GHO On Ethereum

Aave V3 users will be able to mint GHO tokens on Ethereum’s mainnet if the proposal is approved by the community.The proposal also suggested using staked Aave coins as a way to cut down GHO borrowing costs and incentivize users to mint the sta...

Cryptocoins News / EthereumWorldNews - 1 year ago

Aave DAO Votes On Redeploying $3 Million In Ether To wstETH And rETH For Higher Yield

Summary: A proposal on Aave DAO to move $3 million in ETH from the treasury into wrapped staked ETH and rocket pool ETH is active in the project’s governance forum.The proposal with 252,152 votes in favor argues that converting 1,600 ETH to liqu...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

LTC, XMR, AAVE, and MKR turn bullish as Bitcoin stalls under $31K

Bitcoin’s narrow-range trading may end soon. Meanwhile, LTC, XMR, AAVE and MKR are showing strength. Bitcoin (BTC) has been trading in a narrow range for the past few...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Aave proposal to freeze alleged Curve founder's loans draws controversy

The proposal suggests that a cap should be imposed on the use of CRV as collateral, preventing this wallet address from adding more loans. A June 12 AAVE (AAVE) propos...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow

BTC and stocks look to rally after US lawmakers potentially reach a deal on the debt ceiling. The United States looks to avoid a catastrophic debt default after the Wh...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Bug in Aave V2 Polygon causes some assets to become stuck in contracts

The bug only affects the Polygon implementation; v3 is unaffected. A bug in an older version of crypto lending protocol Aave is blocking users from interacting with Wr...