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Aave grew on the Arbitrum network but declined on Ethereum Arbitrum's TVL witnessed growth, and the number of transactions on the protocol rose According to new data from Dune Analytics, Aave [AAVE] users on Arbitrum witnessed major growth. More and more users have increasingly switched to Arbitrum, indicating that L2 adoption was rapidly rising.
Aave has published a proposal to list wsETH on its V3 deployment on Optimism. Its stETH Reserve on Aave V2 has been successful so far.
The bear market has not been kind to our portfolios with Bitcoin falling over 70% since its peak of over $60k.
Lens Protocol, the blockchain-based social media project from decentralized finance (DeFi) lender Aave, has acquired Sonar, a mobile app whose users pilot NFT-linked avatars through digital worlds. "The Hash" panel discusses what this means for the future of Web3 social and why "now is the moment.
Aave Companies confirmed the acquisition of Sonar, a Web3 social gaming application AAVE's price continued to decline and remained significantly unprofitable Aave Companies, the developers of DeFi protocol Aave and decentralized social network Lens Protocol, announced the acquisition of web3 social gaming application Sonar on 5 December.
Aave has expanded its Web3 plans following the acquisition of social metaverse company Sonar. DeFi protocols have been expanding their Web3 focus in recent months.
The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion Aave has a bullish structure on the 12-hour chart The presence of the breaker and the FVG could serve to trap bulls, hence caution was extra important Bitcoin rallied slightly in the past few
Aave acquired web3 social mobile gaming app Sonar to integrate decentralized identities via Lens Protocol, targeting a launch in 2023. The post Aave acquires web3 social gaming app Sonar to expand Lens Protocol appeared first on The Block.
With the acquisition, Lens Protocol will be integrated into a game app which claims to have 20,000 active users per month.
The acquisition will see Sonar integrate Aave's Lens protocol to introduce decentralized account profiles for its social mobile metaverse app.
AAVE's V3 to offer more flexibility for users AAVE witnesses some demand from top whales in anticipation of the rollout The Aave Protocol and its community are currently preparing for the rollout of the Aave Protocol V3. The latter will particularly target the Ethereum [ETH] market, where it might be a big deal.
If Bitcoin rises above its overhead resistance, TON, APE, TWT and AAVE could begin to tack on outsized gains.
Aave outperformed MakerDAO in terms of new users but lagged in volume Despite showing growth over the year, its TVL and revenue collected continued to decline According to new data by Dune Analytics, Aave showed significant growth over the last few quarters. This was because the number of Aave users witnessed an increase.
Aave outperformed MakerDAO in terms of new users but lagged in volume Despite showing growth over the year, its TVL and revenue collected continued to decline According to new data by Dune Analytics, Aave showed significant growth over the last few quarters. This was because the number of Aave users witnessed an increase.
Compound DAO had voted unanimously to implement changes in the rules of the protocol This move was motivated by the need to keep the protocol safe after the Aave exploit Recently, COMP holders at Compound Finance, a major player in the cryptocurrency loan industry, approved a proposition put out by the company.
The lending protocols have implemented new security measures to block attacks after an attempted short squeeze last week.
Ethereum ($ERC) is one of the most popular blockchains in the world. Currently, Ethereum smart-contract network is valued at more than $500 billion and supports over 3,500 decentralized apps.
Major decentralized lending protocol Aave has "temporarily" frozen its lending services across 17 markets citing excess volatility that could pave the way for market manipulation attempts.
As crypto lenders and centralized exchanges collapse left and right, Kaiko has a new data product tracking DeFi lending and borrowing. The post Kaiko launches market data product tracking Aave, Compound and MakerDAO: Exclusive appeared first on The Block.
Aave is freezing markets with low liquidity and high volatility, to protect against future market manipulation attacks.
Some illiquid altcoins will have their borrow limit reduced by upwards of 99%.
The move comes after the $116 million Mango Markets exploiter Avraham Eisenberg tried to do a similar trick on Aave.
The Aave community, which is governed by AAVE token holders, has approved a governance vote that will see the protocol's low liquidity asset pools, such as CRV and MANA, decommissioned.
The suggestion published by the Aave's governing forum to block low liquidity assets pool has been executed.
