Aave


Finance

DeFi Protocol Yearn Finance Impacted in Nearly $11M Exploit That Occurred Via Aave Version 1

The exploiter was able to steal millions of U.S. dollar-pegged stablecoins, data shows.

Cypher Protocol suffers exploit (Clint Patterson/Unsplash)

Finance

Crypto Game Aavegotchi to Build Custom Blockchain Using Polygon Technology

The new platform called Gotchichain is being designed to give gamers lower fees and faster transaction times.

Aavegotchi's "Aavevenger" wearables

Finance

Coinbase Is Adding DeFi Apps Uniswap and Aave to Its Base Blockchain: Source

A person familiar with the process said Uniswap would probably appear on Base in a couple of months.

Base booth at ETHDenver (Danny Nelson/CoinDesk)

Markets

Gaming Protocol Aavegotchi Members Are Voting to End Multiyear Token Sale, Which Could Limit GHST Supply

If passed, roughly $33 million DAI will be allocated to support the development of the Aavegotchi ecosystem.

Gotchi Guardians (Aavegotchi Blog)

Finance

Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin

The offboarding proposal won overwhelming support from members of the Aave DAO.

(Roibu/Shutterstock)

Tech

NFT Gaming Protocol Aavegotchi Aims to Increase Engagement With Upgrade

Called the Forge, the upgrade focuses on wearables, one of three attributes that determine the value and rarity of Aavegotchi NFTs.

(Warren Umoh/Unsplash)

Finance

Aave Community Mulls Freezing Binance Stablecoin Amid SEC Pressure

As circulating supply trends to zero, the lack of growth could "hurt peg arbitrage opportunity and asset peg," one community member said.

(Element5/Unsplash)

Tech

Aave Deploys Native Stablecoin GHO on Ethereum Testnet

GHO joins an increasingly competitive space as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins.

(MidJourney/CoinDesk)

Finance

DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol

The protocol is a fork of Aave v3 and will increase the use case for the DAI stablecoin.

Spark Protocol (MakerDAO)

Tech

DeFi Lender Aave to Distribute Lido Staking Rewards on Arbitrum and Optimism

Over 99% of all Aave governance participants voted in favor of the proposal.

(Micheile/Unsplash)