AAVE Fee Switch Proposal Sparks Market Activity

AAVE founder Marc Zeller recently proposed a fee switch aimed at buying back Aave tokens from the secondary market. This move follows a similar strategy seen with $UNI, which saw its price double over 11 days following a revenue share proposal, with an initial 50% surge within the first hour. Aave’s initial reaction has been … Read more

Decentralized Finance TVL Recovers to $100B After July Lows

Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $100 billion mark, hitting a low of $86.3 billion on July 7, 2024. Over the past three days, however, the TVL has managed to stay above the $100 billion threshold. Lido Leads Defi … Read more

DeFi Blue Chips Poised For Breakout Despite Record Low Valuations

Despite lagging in 2023, DeFi 1.0 assets are now positioned for a significant breakout. DeFi blue chips like AAVE, Maker (MKR), and Lido (LDO) are hitting all-time high revenues even as their valuations remain low. This trend is driven by several factors, including a pro-crypto U.S. landscape, ETH institutional adoption via ETFs, a stronger focus … Read more

High-Risk Loan Volumes On Aave Reach Critical Levels Amid DeFi Lending Surge

According to intoTheBlock, high-risk loan volumes on the Aave protocol are approaching critical levels as DeFi loan volumes soar to multi-year highs. Investors are aggressively seeking to maximize profits ahead of a predicted crypto bull run, driving significant activity in the DeFi lending space. The latest data reveals that outstanding DeFi loans have surged to … Read more

Aave Network Set to Launch Following Aave V4 Protocol

In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest Layer 2 networks on Ethereum, … Read more

Aave Proposal Aims to Safeguard Against DAI’s Rapid Market Cap Increase

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, initiated by the Aave Chan Initiative (ACI) team, suggests setting the loan-to-value (LTV) ratio for DAI to 0% across all Aave … Read more