Positive developments within AAVE's ecosystem could help the asset.

DeFi lending protocol Aave has kickstarted its $1 million weekly token buybacks to reward stakers and boost token demand.

The platform isn't just resting on its early success. Aave has introduced new incentives to maintain its momentum.

AAVE's ecosystem upgrade could mark the beginning of a new wave of liquidity inflows.

Recent crypto whale metrics surrounding DeFi tokens have garnered immense investor optimism, suggesting that price gains for some coins are imminent despite the ongoing market uncertainty. Whale data on Thursday, April 17, indicated that large-scale investors stacked over $20 million in AAVE and UNI.

It is a clear leg up over what Europe's top fintechs and banks are offering. With the ECB taking a different path from its U.S. and U.K., this DeFi yield stands out.

This past week, Aave V3 on the Ethereum mainnet experienced its highest daily liquidations since early February, coinciding with significant market volatility. According to Galaxy Research, approximately $98.6 million in collateral was liquidated between April 6 and 7, following a similar trend earlier in the year when around $211.

Will AAVE outpace fintech giants in the yield race?

Aave-Chan Initiative Founder Marc Zeller unpacks Aave's efforts at decentralization, buyback initiatives and the GHO stablecoin.

Aave's tokenholders approved a governance proposal to start buying back the decentralized finance (DeFi) protocol's governance token, AAVE, as part of a broader tokenomics overhaul, Aave said on April 9. The proposal — which was approved by more than 99% of AAVE tokenholders — permits the protocol to purchase $4 million in AAVE (AAVE) tokens, enough for one month of buybacks.

The first AAVE buyback proposal secured 99.63% approval. The full strategy is designed to execute $1 million in weekly buybacks over six months.

The Aave DAO has overwhelmingly approved a $4 million AAVE token buyback, launching the first phase of a broader initiative to overhaul the protocol's tokenomics.

Aave DAO members are voting on a proposal to add Pendle's Principal Tokens to its V3 Core market. The proposal, posted on the web3 voting platform Snapshot on Apr. 7, suggests listing an initial PT test asset.

It's been a mixed bag for those interested in AAVE.

Several major developments across various ecosystems are expected this week, suggesting imminent volatility for tokens within the respective niches. From Aave buybacks to Trump's reciprocal tariffs, some very interesting updates are in the pipeline.

Aavenomics, the proposal to modify Aave protocol tokenomics and introduce token buybacks, has achieved a quorum for the Aave DAO. Aave Chain Initiative (ACI) founder Marc Zeller announced this on X, noting that it marks a new era for the protocol.

DeFi's largest protocol, the Aave decentralized autonomous organization (DAO), has officially approved a $1 million token buyback initiative that will start on April 9. The proposal secured 439,000 votes in favor, well above the required 320,000 quorum, while only 2,020 votes opposed it.

Tron founder Justin Sun has announced a $50 million bounty for information to help recover $456 million in misappropriated Trueusd stablecoin reserves. Sun Blames Licensed Intermediaries Tron founder Justin Sun has announced a $50 million bounty for information that will aid in the recovery of $456 million in misappropriated Trueusd stablecoin reserves.

As the First Digital Trust saga deepens, Tron founder Justin Sun has announced plans to launch a bounty program. The outspoken founder says the bounty will seek to recover misappropriated TUSD reserves while casting blame on First Digital Trust.

Justin Sun is offering $50M bounty for information and evidence that First Digital Trust has diverted funds and has insufficient backing for its stablecoin, FDUSD. Previously, Sun supported TUSD with a loan, after its issuer Techteryx lacked $456M in liquidity to back up the stablecoin.

Lens Chain mainnet goes live using an inexpensive Ethereum overlay blockchain designed for building decentralized social media applications.

Recently, Tron founder Justin Sun stepped in with emergency funding for TrueUSD (TUSD) after its issuer, Techteryx, faced a $456 million liquidity crisis due to illiquid investments. Though Sun claimed he was just an advisor and not directly involved with TrueUSD, he provided crucial financial support during the crisis.

Sun said at a press conference that the current laws contain systemic loopholes.

Justin Sun provided emergency funding to TrueUSD after $456 million in reserves were allegedly misappropriated that caused a major liquidity crisis.

Tron founder Justin Sun provided emergency funding to stabilize TrueUSD after its issuer faced a $456 million liquidity crisis due to illiquid investments, ensuring continued redemptions for users amidst allegations of mismanagement. The post Tron Founder Justin Sun Provides Emergency Funding to Stabilize TUSD Amid Reserve Crisis appeared first on Cryptonews.

According to a Hong Kong court filings, Justin Sun stepped in to bail out Techteryx's TrueUSD (TUSD) stablecoin after it saw nearly half a billion dollars of its reserves rendered illiquid. The issue started after Techteryx acquired TrueUSD from TrueCoin in December 2020.

Justin Sun, the founder of Tron, stepped in to provide crucial financial support to TrueUSD (TUSD) following a $456 million reserve crisis that left the stablecoin's reserves in a state of limbo. According to court documents filed in Hong Kong, a series of financial missteps and unauthorized investments by TUSD's fiduciary led to a significant

Tron founder Justin Sun has publicly declared that First Digital Trust, a Hong Kong-based fiduciary, is insolvent and unable to fulfill client fund redemptions.

The incident highlights vulnerabilities in stablecoin reserve management, emphasizing the need for stricter oversight and transparency in the sector. The post Justin Sun quietly rescues TUSD after $456 million reserves become illiquid appeared first on Crypto Briefing.

Techteryx says it was the victim of what it called "large-scale fraud" rendering TUSD's stablecoin reserves stuck in illiquid investments made without its permission

Chainlink (LINK) was also among the underperformers, falling 4.7% from Tuesday.

The $159 level is a key support to watch for Aave (AAVE), while a break below could send prices toward $128.

AAVE is likely to establish a new high as more liquidity pours in.

TL;DR Aave integrates Chainlink Smart Value Recapture (SVR) on Ethereum to recapture the MEV associated with loan liquidations in DeFi protocols. The SVR solution allows DeFi protocols to recover value lost in block building, improving the DeFi economy in a sustainable and transparent way.

The Aave community has voted to allow the adoption of Chainlink's Smart Value Recapture feature as the protocol looks to reclaim millions in maximum extractable value lost to oracles.

Decentralized finance protocol Aave has integrated Chainlink Smart Value Recapture (SVR) on the Ethereum mainnet, with this coming on the back of a community vote. The integration is an initiative of Chainlink and Aave (AAVE) ecosystem contributors BGD Labs, and Aave Chan Initiative, according to an announcement.

The Aave DAO community has formalized the integration of Chainlink Smart Value Recapture (SVR) on the Ethereum mainnet, with the goal of recovering the value extractable from oracles (Oracle Extractable Value, OEV) related to liquidations and converting it into a new source of revenue for the protocol. The decision, confirmed by an on-chain vote, marks a turning point for decentralized finance (DeFi), ushering in a sustainable model that reintegrates into the system the value technically lost during liquidation operations.

The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.

This week, several significant events are poised to impact the crypto market. The new SEC chair ascension, developments in Ethereum's Pectra Upgrade, and new ecosystem developments have the crypto space buzzing with anticipation.

AAVE could be a focal point for traders this week.

The crypto market dipped back into bearish territory as prominent cryptocurrencies, including Bitcoin (BTC), registered notable declines. BTC reached a high of $86,444 as markets rallied.

A poorly timed trade cost a crypto whale $10.9M in potential profits, even as they secured $1.8M from their transactions.

Many cryptocurrency projects such as Aave, dYdX, Jupiter, and Hyperliquid have recently announced token buyback mechanisms.

Aave Chan Initiative (ACI) founder Marc Zeller, has said that the proposal to revamp the Aave protocol tokenomics has passed the quorum. In a post on X, he noted that implementation of the Aavenomics could start this month.

Aave v3 has launched on Celo, expanding DeFi access to Celo's mobile-first users and opening the platform to broader user growth.

The Aave deployment on Celo allows builders and users globally to borrow, lend, and earn yield with “sub-cent” transaction costs and one-block finality. The post Aave V3 is Now Live on Celo appeared first on Cryptonews.

Aave Labs confirms no new token will be issued for Horizon, its initiative to integrate real-world assets into DeFi, maintaining $AAVE as the primary governance and utility asset. The post Aave Confirms No New Token for Horizon, Only $AAVE appeared first on Cryptonews.

Smart money investors have sold some popular cryptocurrencies during the ongoing crypto bear market. At the same time, on-chain data shows that these smart money pros are buying the dip in some cryptocurrencies.