Aave Surges Past Trendline amid Rising USDT Inflows: Is $260 in Sight?
Aave’s recent developments and market performance reflect a positive investor sentiment.
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Aave’s recent developments and market performance reflect a positive investor sentiment.
A new proposal seeks to reform the existing “seize and sell” loan liquidation process which hasn’t been good for the AAVE price action and replace it with a “seize and burn” strategy.
Aave’s expansion has increased competition among other DeFi projects.
With all the upgrades that the proposal suggests, a notable part focused on growing the protocol’s algorithmic stablecoin GHO.
The algorithmic GHO stablecoin is pegged against the United States dollar and is backed by several digital assets.
The guide deals with Universal Market Access (UMA) protocol – an open-source infrastructure that allows DeFi developers to create their synthetic tokens and derivatives in the Ethereum network that can keep track of any asset’s prices.
Telegram’s TON network is a PoS-based system with a new “Byzantine Proof” staking algorithm. It was developed by Nikolai and Pavel Durov, the brothers behind Telegram and (formerly) VK.com.