Aave

Aave

Tech

The Protocol: Ethereum Foundation starts experimenting with ‘DVT-lite’ technology

Also: Nvidia’s rare blog, Aave liquidations, and Pudgy Penguins new game.

Blockchain Technology

Finance

DeFi lending platform Aave sees a rare $27 million liquidations after a price glitch

The blockchain data flagged shows a spike in liquidations over the past 24 hours. Some observers believe the event may have been linked to a price update in an risk-oracle system that Aave uses to determine the value of collateral.

(Getty Images)

Web3

Aave governance rift deepens as major governance group exits $26 billion DeFi protocol

The conflict centered on a proposal to fund product development and expansion, which ACI opposed due to concerns over self-voting and lack of transparency.

Chess piece being moved (Ahmed/Unsplash+/Modified by CoinDesk)

Finance

Aave labs proposes ‘Aave Will Win’ plan to send 100% of product revenue to DAO

The proposal arrives amid discord within the Aave community over control of the protocol’s brand and key assets.

Photo of Stani Kulechov in 2019 (CoinDesk archive)

Finance

DeFi doyen Stani Kulechov buys $30 million mansion in London’s Notting Hill: Bloomberg

Kulechov, the founder of decentralized lending platform Aave, bought the luxury property in November, Bloomberg reported.

Photo of Stani Kulechov in 2019 (CoinDesk archive)

Tech

The Protocol: Aave community split

Ethereum’s Glamsterdam, Bitcoin and quantum computing, and new Eigenlayer governance proposal

Split

Tech

‘Most important tokenholder rights debate’: Aave faces identity crisis

The Aave community has become sharply divided over control of the protocol’s brand and related assets, intensifying an ongoing dispute over the relationship between the DAO and Aave Labs.

person casting votes

Markets

Aave slides as community debates over who controls the brand

A dispute over who controls Aave’s brand and online assets has moved to a vote, sending the token sharply lower.

Stylized AAVE logo (CoinDesk)

Tech

Most Influential: Stani Kulechov

The Aave founder is bringing DeFi to the masses.

Stani Kulechov

Tech

The Protocol: Bug that can drain all your tokens impacting 'thousands' of sites

Also: Ripple news, Aave protocol debate, and pudgy penguins takeover

Hacker sitting in a room