Aave V3 Is Live On Ethereum, TVL Up 24% In One Month
Aave V3 is now live on the Ethereum mainnet. With this upgrade, WBTC, WETH, wstETH, USDC, DAI, LINK, and AAVE are the only supported assets.
Keep up with what's happening in the crypto world in real-time.
Aave V3 is now live on the Ethereum mainnet. With this upgrade, WBTC, WETH, wstETH, USDC, DAI, LINK, and AAVE are the only supported assets.
Aave has announced the successful launch of Aave V3 on the ethereum mainnet. The latest iteration of the DeFi protocol comes with several improvements, including gas fee optimization and more.
Respected crypto analyst van de Poppe shares price predictions for BTC, ETH, FTM, and MATIC, revealing his long and short entry strategies.
Decentralized lending and borrowing protocol Aave has deployed its third version on the Ethereum blockchain following unanimous support for a governance proposal.
DeFi lending protocol Aave [AAVE] passed a governance proposal on 25 January, which sought to eliminate excess debt in the Ethereum [ETH] v2 liquidity pool's CRV Reserve. The bad debt stemmed from a failed exploit launched by Avraham Eisenberg, the notorious hacker behind the $116 million Mango Markets exploit.
DeFi lending protocol Aave has revealed that it has eliminated the bad debt accumulated after a botched trade by Mango Markets hacker Avraham Eisenberg. Eisenberg was liquidated from his position on Aave following a botched trade, ending up with a loss of $10 million instead.
Aave [AAVE] has been in price consolidation since mid-January. Similarly, Bitcoin [BTC] has been trading sideways within the $22.4K – $23.3K range.
Aave has acquired 2.7 million CRV to clear a bad debt from last year. The bad debt was the result of a failed exploit orchestrated by Avraham Eisenberg.
The maneuver comes ahead of the activation of a major tech upgrade of the protocol called Aave v3.
Following a failed short attack, DeFi exploiter Avraham Eisenberg was liquidated from Aave at a loss of $10 million.
Aave had plans to launch the third version of its crypto lending protocol on Ethereum. The process has begun with the successful voting in favor of the new version.
The Aave protocol is going to launch its third version on the Ethereum network after the DAO vote, which will create more opportunities in the DeFi industry.
Aave v3 is now live on the Ethereum network following a successful vote by the DAO to launch the DeFi lending protocol.
Decentralized lending and borrowing protocol Aave is in the midst of a vote to deploy its third iteration, v3, on the Ethereum blockchain. The voting is scheduled to end on the 25th of January, 2023, and so far, all participating token holders have voted to activate v3 on Ethereum.
With a new collaboration, over 1.7 million users from Argentina and Brazil could get access to Aave [AAVE] and supply liquidity to the platform. This could help in increasing the declining number of unique users on the platform.
If the proposal passes, the latest iteration of the Aave protocol will come to the Ethereum blockchain, Aave's first and largest market.
Aave price analysis reveals that a downward movement in AAVE/USD price has been observed today, which has cast quite a negative impact on the overall coin value. The price has degraded up to $85.37 value after the bearish trend.
Aave, the decentralized lending protocol, recently put forward a proposal titled “Aave Ethereum V3,” in which it requested votes from its community members for the activation of the Aave V3 Ethereum pool (3.0.1).
Aave announces the commencement of voting on the Aave ethereum V3 governance proposal.
BTC could take a break from its sharp rally and if BTC price bounces off underlying support, APE, MANA, AAVE and FIL could breakout.
Ethereum Ecosystem Tokens also known as ERC20 tokens have been a vital contributor to the massive adoption and expansion of crypto and blockchain. ERC20 allows smart-contract-enabled tokens to be used across Ethereum-based networks and projects across DeFi- Decentralized Finance, GameFi, Decentralized Applications, and other categories.
Amid the ongoing rally in DeFi TVL, we've seen positive news and innovation popping up from the ecosystem. As the Aave protocol V3 cloud upgrade draws near, its native token, Aave, has skyrocketed since the beginning of this year, reaching higher highs for the first time in the last few months.
Over the last few days, the crypto market has slowed down its tremendous two-week 2023 performance, but protocols like Aave [AAVE] have continually enjoyed the interest of whales. According to Santiment, the non-custodial liquidity protocol's token has had a series of transactions worth $100,000 since the advent of 2023.
BitDAO is more than just a cryptocurrency. It is also a decentralized blockchain platform for managing and investing in crypto assets.
