Aave's Marc Zeller teases fee switch vote for token holders
Aave may soon vote on a 'fee switch' to distribute DAO profits to token holders, as announced by Marc Zeller.
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Aave may soon vote on a 'fee switch' to distribute DAO profits to token holders, as announced by Marc Zeller.
Marc Zeller, the founder of the Aave Chan Initiative, has expressed a possible vote for the activation of a ‘fee switch' on the Aave DeFi (Decentralized Finance) platform. Zeller's post on X pointed to some beliefs that it may affect how the DAO of Aave utilizes its annual net profits of about $60 million to
Decentralized protocols Aave, Frax Finance, and Uniswap are all in some stage of the process to turn on additional fees meant to benefit holders.
Aave DAO has made certain moves against MakerDAO that have ignited concerns within the DeFi community, signaling a potential rift that could fragment the ecosystem.
In the past two months, Aave's DAO has made a flurry of moves aimed to preserve alignment within the organization.
A recent Aave proposal threatens to sever any remaining strings holding both projects together.
Ethena's USDe deal with MakerDAO raises concerns across the DeFi sector.
Aave is proposing a new framework as it gears up for the DeFi competition, ahead of MakerDAO's upgrade plans this year.
Ethena Protocol and its flagship product USDe have both been at the center of a dispute between MakerDAO and Aave.
The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao's aggressive expansion of the DAI credit line.
The proposal aims to lower risks with minimal user impact, as only a tiny portion of DAI is collateral on Aave, and users can switch to USDC or USDT.
Marc Zeller, the founder of the Aavechan Initiative, has proposed to the decentralized autonomous organization (DAO) overseeing Aave to remove DAI stablecoin's collateral status within the protocol's lending ecosystem.
Skywards, a prominent entity within the DeFi ecosystem, has put forth a proposal to integrate the staked version of Ethena's synthetic dollar, sUSDe, into Aave V3 on Ethereum. This proposal follows a consensus reached during the TEMP CHECK stage, signaling potential enhancements to the Aave protocol.
Aave Price Prediction 2024-2033 How Much is Aave Worth Today? The current live price of Aave (AAVE) stands at $130.88 accompanied by a 24-hour trading volume of $115,048,714.
Introduction: In an era defined by digital disruption, decentralized finance (DeFi) emerges as a revolutionary force, reshaping traditional financial paradigms. At the forefront of this transformation stands Aave, a pioneering platform facilitating lending, borrowing, and yield farming on the blockchain.
Wolf Of Altcoins, a prominent figure in the crypto world, shared some big predictions about how much money people can make with certain types of digital currencies.
Binance, renowned for its commitment to offering a wide array of digital assets for trading, revealed its decision to remove trading pairs for three specific tokens. This move comes as a result of meticulous reviews conducted by the exchange's team to ensure the optimal functioning of its platform and to align with market trends.
In a strategic move to outmaneuver its rivals, Aave (AAVE) has launched “Merit,” a new reward program, on Tuesday at 18:00 UTC. This program is aimed at Aave's most loyal users.
Merit, Aave's latest alignment reward program, has gone live today and will be airdropping 280 wETH to wETH borrowers.
In a recent tweet, renowned cryptocurrency analyst Altcoin Sherpa provided insightful predictions regarding the price movements of Binance Coin (BNB), Aave (AAVE), and Injective Protocol (INJ), highlighting potential bullish trends in the market.
A closely followed crypto strategist says he thinks a top-10 altcoin is about to hit a new all-time high while updating his outlook on two decentralized finance (DeFi) tokens.
Widely followed analyst Nicholas Merten is offering his forecast on four crypto assets amid an industry-wide market rally. Starting with payments-focused blockchain network Stellar (XLM), Merten tells the 510,000 YouTube subscribers of the DataDash channel that the XRP rival is sitting at a “typical discount range”.
Story Highlights AAVE price could surge to a maximum of $264.81 by the end of 2024. Aave with a potential surge could go as high as $812.56 by the end of 2030. The live price of AAVE token is . The year 2021 had been a game-changer for the broader crypto space.
While America figures out how to get an ethereum ETF on the stock market, Europe is diversifying to cryptos like Atom, Matic, Aave, Chainlink and a lot more.