Cryptocoins News / Blockchain - 2 years ago
Lending protocol Aave has temporarily halted trading of stablecoins and set the loan-to-value (LTV) ratio to zero due to the recent price volatility on USD Coin (USDC) following its depegging on March 11. Aave's decision was based on an analysis by d...
Cryptocoins News / Blockchain - 2 years ago
Aave DAO has passed a proposal called “Rescue Mission Phase 1 Long Executor” to recover lost AAVE, LEND, Tether, UNI, and staked AAVE tokens that were mistakenly sent to certain token contracts in the past. This proposal authorizes Aave developers to...
Cryptocoins News / The Cointelegraph - 2 years ago
The trading freeze follows an analysis from DeFi's risk manager firm Gauntlet Network considering different scenarios for the USD Coin price. Lending protocol Aave ha...
Cryptocoins News / The Cointelegraph - 2 years ago
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin price. Lending protocol Aave has...
Cryptocoins News / The Cointelegraph - 2 years ago
The DAI stablecoin supported the price of GHST for over two years. According to play-to-earn nonfungible token (NFT) protocol Aavegotchi, on March 11, the entity close...
Cryptocoins News / The Cointelegraph - 2 years ago
The plan intends to allow developers to recover tokens from certain Aave contracts and send them to owners who transferred them by mistake. Some Aave users who acciden...
Cryptocoins News / EthereumWorldNews - 2 years ago
Marc Zeller’s proposal to offboard Binance USD (BUSD) stablecoin from Aava’s V2 lending and borrowing market on Ethereum garnered massive support from the Aave community.The action plan aims to “reduce the amount of liquidity in BU...
by COINS NEWS - 2 years ago
Someone has borrowed almost every subgke rETH on AAVE pushing the borrow interest rake to 3000% This looks a lot like when the mango exploiter had tried to manipulate the market with CRV recently. Just by looking it would appear that it was all borro...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin (BTC) Smashes Through Resistance, While RenQ Finance (RENQ) and Aave (AAVE) Attract Large Investment& & Bitcoinist
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Aave community member Marc Zeller proposed halting the BUSD lending market on Ethereum.Zeller argued that the Paxos-issued stablecoin was bound to decline in supply and inability to mint new tokens would affect peg arbitrage opportuniti...
Bitcoin News / Bitcoin.com - 2 years ago
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open Zeppelin,...
Cryptocoins News / CoinJournal - 2 years ago
Aave has joined the space of DeFi protocols that have released their own native stablecoins.
The GHO stablecoin is not live on Ethereum’s testnet.
The GHO mainnet is however yet to be launched awaiting community discussion and approval.
Leadi...
Cryptocoins News / CoinJournal - 2 years ago
Aave, a crypto lending platform, is currently one of Ethereum’s largest DeFi products.
MakerDAO, on the other hand, facilitates the generation of DAI stablecoin.
MakerDAO is planning to launch a crypto lending platform called Spark Lend to riv...
Cryptocoins News / CoinJournal - 2 years ago
Lido DAO community has approved by over 99% of vote to allow for staking rewards distribution across Aave v3 liduidity pools.
LDO rewards will now be distributed across Ethereum, Arbitrum and Optimism blockchains.
Users earn rewards when they stake...
Cryptocoins News / The Cointelegraph - 2 years ago
Stani Kulechov said that one of the challenges in the ecosystem is that there’s less backing in decentralized stablecoins compared to centralized ones. Stani Kulechov...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin To Ethereum Bridge: TBTC Minting Live In Partnership With Aave, Yearn.Finance, Others | Crowdfund& & Crowdfund Insider
Cryptocoins News / NewsBTC - 2 years ago
The lending platform AAVE has been enjoying positive news lately. According to reports, AAVE has passed a governance proposal that would eradicate all bad debt it accumulated when Avraham Eisenberg, orchestrator of the Mango Markets exploit, targeted...