1H
0.37%$0.4356
24H
-3.03%$3.69
7D
-4.78%$5.93
30D
-24.5%$38.39
Investment firm Trend Research has opened a $1B leveraged ETH long by borrowing stablecoins on Aave, buying Ethereum on Binance, and redepositing it as collateral.
Aave “token alignment, phase 1, ownership” proposal failed with record participation turnout as the DAO-Labs debate evolves.
Aave founder increased his AAVE holdings with a fresh $5.15 million buy as the protocol struggles through a heated governance dispute.
AAVE price fell more than 10% as governance concerns resurfaced, driven by allegations that Aave Labs redirected swap fee revenue away from the Aave DAO.
AAVE token has crashed more than 2% in the past 24 hours as SEC announced the end to its 4-year probe in the DeFi protocol.
Aave is a decentralized finance protocol that allows people to lend and borrow crypto.
Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.
Aave (which means “ghost” in Finnish) was originally known as ETHLend when it launched in November 2017, but the rebranding to Aave happened in September 2018. (This helps explain why this token’s ticker is so different from its name!)
AAVE provides holders with discounted fees on the platform, and it also serves as a governance token – giving owners a say in the future development of the protocol.
Here is everything you might need to know about Boba Network, a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts.
Proof-of-Burn is a consensus algorithm that uses the burning of coins to create value. This guide will explore what Proof-of-Burn is, how it works, and its advantages over other consensus algorithms such as proof of work.
