October 11th, 2024
Donald Trump’s Defi project World Liberty Financial has submitted a proposal to build on Aave’s Ethereum platform, offering a share of fees and governance tokens to AaveDAO.
As per Apollo Crypto, the DeFi infrastructure has witnessed a significant boost over the past few years with the goal of establishing “an abundance of cheap block space”.
PENDLE and AAVE deliver profits to investors as bullish momentum lingers, but the DTX presale offers 100% ROI and even more for the DeFi industry.
Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.
The deployment of GHO has been limited to Ethereum and Arbitrum networks, at least for now.
Aave’s recent developments and market performance reflect a positive investor sentiment.
Following the recent accumulation, the AAVE whale holds a total of 125,605 Aave tokens, worth about $17 million, with an average purchase price of $134.6.
As the reports of the World Liberty Financial crypto project emerged, the Trump family cautioned the public about potential scams while adding that any official announcements regarding the project would happen through their personal and professional channels.
The planned launch of USDS and sUSDS tokens on September 18th marks a crucial step toward building a more connected and inclusive financial system.
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.