Aave


Finance

Aave Token Holders Voting on 2 Proposals Following Averted Curve Liquidation Crisis

The proposals, which aim to disable CRV borrowing and decrease Aave’s exposure to Curve’s native token on its Ethereum V2 markets, are responses to the liquidation pressure faced by Curved founder Michael Egorov.

(Arnaud Jaegers/Unsplash)

Finance

Curve Founder Raises $42.4M to Pay Off $80M On-Chain Debt

Michael Egorov is under liquidation pressure following CRV’s recent price drop and Curve exploit.

Curve founder Michael Egorov was liquidated, again. (Michael Egorov, modified by CoinDesk)

Videos

Aave Should Block Curve Token Borrowing, Risk Management Firm Argues

Risk management firm Gauntlet posted a proposal to Aave community members, suggesting the ongoing crisis situation stemming from a large curve token collateral can be prevented by pausing borrowing activity. "The Hash" panel weighs in on the aftermath of the Curve Finance exploit that has put the entire DeFi ecosystem under stress since Sunday.

Recent Videos

Opinion

DeFi Died and We Didn’t Even Notice

The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.

Curve founder Michael Egorov was liquidated, again. (Michael Egorov, modified by CoinDesk)

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Finance

Spooked by Curve Liquidation Threat, DeFi Protocols Shore Up Defenses

They’re responding to the potential systemic risk posed by Michael Egorov’s teetering financial position.

(Callum Skelton/Unsplash)

Tech

Chainlink's Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live

This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk.

Chainlink CEO Sergey Nazarov (Chainlink Labs)

Tech

Aave DAO to Vote on Gho Stablecoin Deployment on Ethereum

Gho has been available on the Ethereum blockchain’s Goerli testnet since February, where it has functioned without encountering any major bugs.

Aave means ghost in Finnish. (Unsplash modified by CoinDesk)


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Web3

Aave's Decentralized Social Media Platform Lens Protocol Releases New Governance Model

Lens Improvement Proposals (LIPs) is an attempt to create a framework for developers, creators and users to participate in the decision-making process of Len’s future development.

(Arnaud Jaegers/Unsplash)

Finance

Curve Finance Founder Deposits $24M CRV into Aave to Safeguard $65M Stablecoin Loan

CRV is trading 2.1% lower over the past 24-hours following a sharp drop on Saturday.

CRV/USD chart (Cryptowatch)