Aave


Finance

Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3

Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors.

(Shutterstock)

Tech

Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet

The developer proposed two key features for the decentralized stablecoin in a governance post on Tuesday.

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Tech

Aave V2 Users Temporarily Unable to Access $120M on Polygon After Governance Bug

All funds remain safe and a governance proposal is underway to update the faulty strategy, developers said.

(Markus Winkler/Unsplash, modified by CoinDesk)

Tech

Aave DAO Passes Proposal to Deploy on Ethereum Layer 2 Metis Network

The move could bolster market liquidity for the burgeoning Metis ecosystem, community members say.

Aave is the Finnish word for ghost (Metis)

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Finance

Exploit Involving Aave and Yearn Helped Users Make Money

The exploiter paid back Aave users’ USDT debts on its v1 markets, making the total USDT borrowed stand at zero.

(Getty Images)

Finance

DeFi Protocol Yearn Finance Impacted in Nearly $11M Exploit That Occurred Via Aave Version 1

The exploiter was able to steal millions of U.S. dollar-pegged stablecoins, data shows.

Cypher Protocol suffers exploit (Clint Patterson/Unsplash)

Finance

Crypto Game Aavegotchi to Build Custom Blockchain Using Polygon Technology

The new platform called Gotchichain is being designed to give gamers lower fees and faster transaction times.

Aavegotchi's "Aavevenger" wearables

Finance

Coinbase Is Adding DeFi Apps Uniswap and Aave to Its Base Blockchain: Source

A person familiar with the process said Uniswap would probably appear on Base in a couple of months.

Base booth at ETHDenver (Danny Nelson/CoinDesk)

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Markets

Gaming Protocol Aavegotchi Members Are Voting to End Multiyear Token Sale, Which Could Limit GHST Supply

If passed, roughly $33 million DAI will be allocated to support the development of the Aavegotchi ecosystem.

Gotchi Guardians (Aavegotchi Blog)

Finance

Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin

The offboarding proposal won overwhelming support from members of the Aave DAO.

(Roibu/Shutterstock)