Aave Developers Launch GHO Stablecoin on Arbitrum Network
The decentralized autonomous organization behind the development of the Aave DeFi protocol has launched the GHO stablecoin on the Arbitrum L2 solution network, as reported by The Block.Aave is a lending DeFi protocol that allows borrowing and lending of crypto assets with variable and stable interest rates.
Aave Developers Launch GHO Stablecoin on Arbitrum Network
The decentralized autonomous organization behind the development of the Aave DeFi protocol has launched the GHO stablecoin on the Arbitrum L2 solution network, as reported by The Block.
Aave to Integrate with Aptos Blockchain
The Aptos Foundation has proposed deploying the third version of the Aave lending protocol on the Aptos blockchain, which utilizes parallelization technology.
Aave Labs Unveils Roadmap for Fourth Protocol Version
Aave V4 introduces a “unified cross-chain liquidity layer.” The new version will feature automated protocol interest rate calculations. Developers propose expanding RWA based on the GHO stablecoin. Aave V4 is slated for release in mid-2025. Aave Labs, associated with the lending platform Aave, has unveiled a roadmap project for the creation of the fourth version […]
Ethereum Lending Protocol Liquidations Surpass $127 Million
In the first two weeks of April, the volume of liquidated positions in Ethereum’s lending markets reached $127.8 million, exceeding monthly figures not seen since at least June 2022, according to The Block. The dramatic events of summer 2022 were driven by investors’ reactions to the collapse of Terra. The publication noted that the surge […]
Aave Fork on Blast Erroneously Liquidates $26 Million in Positions
The lending protocol Pac Finance, modeled after Aave and based on the L2 solution Blast, encountered unexpected liquidations of user positions amounting to $26 million. Random Aave fork on Blast decreased Liquidation Threshold (LT) instead of Loan to Value (LTV) causing $26M worth of unnecessary liquidations. Fundamental problem with forking code is the lack of […]
Gauntlet Ends Longstanding Partnership with Aave
Gauntlet, a company specializing in risk management within DeFi, will cease its partnership with the lending platform Aave after four years of collaboration. Co-founder John Morrow cited last year’s challenges in “navigating conflicting guidelines and unwritten goals of major stakeholders” as the primary reason for the decision. He also mentioned instances of what he considered […]
Aave Community Considers Expanding Protocol to Neon EVM
Participants in the governance forum of the lending platform Aave have initiated a “temperature check” on a proposal to expand the third version to Neon EVM. At this stage, Aave community members can share their opinions and feedback on the proposed integration. If there is sufficient support, the proposal will move to a voting stage […]
Aave Community Backs Integration of PayPal’s PYUSD Stablecoin
99.99% of voters supported the integration of PayPal’s PYUSD into the DeFi platform Aave’s pools, achieving the necessary quorum. The initiative was overwhelmingly backed. Source: Aave. The vote commenced on December 18 and will conclude on January 11 at 8:21 UTC. The initiative followed a December decision by the decentralized exchange Curve to list PYUSD. […]
Aave Companies rebrands as Avara and acquires wallet developer Family
The team behind the DeFi platform Aave rebranded, changing its name to Avara.
Aave suspends part of operations after vulnerability
The DeFi protocol Aave suspended part of its operations after a vulnerability was discovered. The project said user funds are safe.We use cookies to improve the quality of our service.
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