Aave (AAVE), the decentralized finance lending platform, launched the Lens Protocol ecosystem on the Polygon (MATIC) blockchain as their way to challenge centralized social media platforms like Twitter or Facebook. What started with an open letter to garner support around the idea that content creators should own and control their digital identities, led to developing a … [Read more...] about Aave launches Web3 social media platform, Lens Protocol
Aave
First cross-chain governance proposal passes on Aave
On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave (AAVE). According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As told by its developers, a proposal executed on Aave, which is built on the Ethereum (ETH) network, was sent to the Polygon (MATIC) FxPortal. … [Read more...] about First cross-chain governance proposal passes on Aave
Twitter Data Scientist Leaves for Aave as DeFi Social Media Plans Simmer
“It goes without saying that Web3 has the ability to empower users more than the social media created by big tech and this empowerment is attractive for many people working in Big Tech to join Web3,” said Kulechov in a statement to CoinDesk. Other recent hires include Jessica Sit, a former Apple team lead, to head Aave’s marketing and content efforts, as well as Christina … [Read more...] about Twitter Data Scientist Leaves for Aave as DeFi Social Media Plans Simmer
CoinDesk 20 Update: ATOM, ICP and SOL Are In; AAVE, GRT and UNI Are Out
Cosmos’ Atom, Solana’s native currency and Internet Computer (formerly Dfinity) all entered the CoinDesk 20 in this quarter’s reconstitution, in a shift where Web 3 software platforms, tools and infrastructure replaced decentralized finance (DeFi) and DeFi-related applications among the most-traded currencies in crypto.The three new currencies replaced Aave, The Graph and … [Read more...] about CoinDesk 20 Update: ATOM, ICP and SOL Are In; AAVE, GRT and UNI Are Out
Data shows how Aave overtook Compound in DeFi lending
In an industry with plenty of fast ascents and precipitous falls, many wondered whether the platform had the staying power to remain a central institution in DeFi lending.Nearly 2 years later, Aave is still going strong, especially in relation to its one-time close rival. This article will take a closer look at the two platform’s strengths and weaknesses and explain why Aave … [Read more...] about Data shows how Aave overtook Compound in DeFi lending