Ethena Labs has partnered with World Liberty Financial to integrate its yield-bearing token, sUSDe, into WLFI's DeFi platform, aiming to enhance stablecoin liquidity and user rewards through a proposed governance initiative. The post Ethena Labs Partners with World Liberty Financial to Add sUSDe to Aave appeared first on Cryptonews.
As 2024 nears its close, the cryptocurrency market is once again showcasing its dynamic and volatile nature, capturing the attention of traders and investors navigating shifting trends.
The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon's proof-of-stake bridge.
Polygon, the Ethereum sidechain, has raised concerns over Aave's recent actions, accusing the DeFi platform of employing anti-competitive strategies to stifle competing protocols.
Ethereum sidechain Polygon has accused Aave of using anti-competitive tactics to muscle out competing DeFi protocols. This is a reaction to the proposal on Aave DAO about whether the leading DeFi protocol should exit the Polygon network.
Polygon, one of the largest Ethereum layer-2 networks, has accused the DeFi lending platform Aave of adopting monopolistic practices. This dispute arises from a proposal to allocate locked bridge funds to yield-generating strategies, which Aave opposes.
Aave proposes freezing bridged assets on Polygon to mitigate risks. Polygon's governance opposes Aave's proposal, citing anti-competitive concerns.
Aave (AAVE), the leading decentralized lending protocol, has surged to its highest levels since 2021, reaching a peak of $397 on December 16.
AAVE price stalls near the key resistance level at $400, pausing its strong rally that began in April. This uptrend followed by consoldiation coincides with accumulation by large investors and spike in active addresses, hinting at another leg up.
The Aave community is evaluating a proposal to withdraw the lending protocol from Polygon's Proof-of-Stake (PoS) chain. In the Dec.
Aave (AAVE) became the app with the highest value locked, with the exception of liquid staking hub LidoDAO.
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Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.
Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.
The Aave community is caught between a rock and a hard place after contributor group Aave Chan advocated withholding lending services from Polygon's poS chain. This is in response to another Polygon community request to use over $1 billion in bridge assets for yield generation.
The demand for AAVE has significantly spiked since the support of the DeFi protocol by Donald Trump-backed World Liberty Financials (WLFI).
TL;DR Aave Chan proposes adjustments to its services to mitigate risks associated with bridged assets on Polygon. Polygon is evaluating a strategy to leverage $1.3 billion in inactive stablecoins on its network. Security in decentralized finance remains the primary focus of both proposals.
Aave Chan proposed to phase out Aave's lending protocols on Polygon to safeguard the protocol against future security risks.
Aave has captured 45% of the DeFi lending market with $21 billion TVL while its token AAVE surged 21% to $373.77, highlighting the platform's strong market position and growing user adoption.
After the recent rise in the price of Bitcoin, the markets had gained some momentum that had offered a good start for the week. Meanwhile, the bullish trend failed to sustain for long as the buyers fell weak.
Aave (AAVE), a prominent name in the decentralized finance (DeFi) sector, has seen a remarkable 21% increase in its token price over the last 24 hours. This surge comes at a time when Aave's Total Value Locked (TVL) has reached an all-time high, pushing the platform's dominance in decentralized lending to new heights.
Aave solidifies its leadership in decentralized lending, capturing 45% of the market share and surpassing $21 billion in TVL.
Bitcoin bulls are attempting to push BTC price above teh $104,088 all-time high, and charts suggest ETH, LINK, AAVE and BGB will be the first to breakout.
Here is how some of your favorite assets concluded the week.
Aave (AAVE), the leading decentralized finance (DeFi) lending protocol, has captured the spotlight with an extraordinary surge of over 200% since November 5. Outperforming the broader market, AAVE has reached its highest levels since 2021, marking a remarkable recovery and reaffirming its dominance in the DeFi ecosystem.
A popular crypto analyst has issued a warning about Aave (AAVE), a top decentralized lending protocol built on Ethereum (ETH). The trader Ali Martinez tells his 98,500 followers on the social media platform X that social volume and positive sentiment around Aave's native token are skyrocketing.
The cryptocurrency market has been fairly positive over the past week, with the decentralized finance (DeFi) sector and tokens particularly impressive over the last seven-day span. Aave price, for instance, seems to have taken off after making a somewhat tame performance in the remarkably bullish month of “Moonvember.
Aave (AAVE) has been garnering significant attention from both investors and institutions following its impressive performance. Amid this rising interest, the Trump family's crypto project, World Liberty, has once again made a notable investment in AAVE.
This week, the altcoins crypto whales accumulated experienced significant price jumps. However, BeInCrypto observed that it appears that these whales' strategies have changed from what they accumulated in previous weeks.
A Donald Trump-linked crypto wallet has deployed $10M USDC to acquire Chainlink (LINK), Ethereum (ETH), and Aave – could another coin be next?As 2024 marks the era of adoption, many anticipate the US Government will begin building a strategic national Bitcoin reserve in the wake of Donald Trump's landmark victory in November. HOLY SHIT.
Trump-linked World Liberty Financial has acquired $3.76 million in LINK and AAVE, boosting its crypto holdings to $74.7 million.
Chainlink and Aave prices have done well, becoming some of the top crypto coins in the ongoing bull run. LINK is up by 250% from its August lows, while AAVE has surged by 600% from the year-to-date low.
With Donald Trump's crypto project buying millions worth of Ethereum, Chainlink, and Aave, these tokens have witnessed an increased demand in the crypto market. Interestingly, the Aave price has surged 45% over the week, attaining a three-year high of $383.5 just a few hours ago.
“I think it is a play at supporting the assets that their DeFi platform will be using," a Nansen research analyst told Decrypt.
World Liberty Financial spent $12M on ETH, LINK, and AAVE, sparking the rallies. Recent purchases include 37,052 LINK and 685.4 AAVE, boosting their market momentum.
WLFI, endorsed by Donald Trump, expands its crypto portfolio with Ethereum, Aave, and Chainlink. Key charts for ETH, LINK, and AAVE suggest potential corrections ahead.
As the World Liberty Financial (WLFI) protocol prepares to launch its core products in the secondary markets, it has attracted significant investment in the recent past. The Web3 platform backed by President-elect Donald Trump intends to disrupt the traditional banking industry with the help of existing blockchain rails.
Aave has announced the upcoming Aave V4 upgrade, which is set to improve yields for lenders.
Today, the cryptocurrency market is steady, with Bitcoin (BTC) and most major altcoins showing 1% to 2% gains in the last 24 hours. Bitcoin traded in a range, while Ethereum (ETH) rose by 1%.
Aave (AAVE) has recently experienced a remarkable surge, climbing by 32.82% in just 24 hours to reach a 3-year high of $359. As of the latest data, Aave's price was hovering around $353, marking its highest point since 2021.
US President-elect Donald Trump's World Liberty Financial (WLF) has made a substantial multi-million-dollar investment in Ethereum (ETH), Aave (AAVE), and Chainlink (LINK), leading to sharp price increases in AAVE and LINK. According to on-chain analysis shared by Lookonchain via X and verified through Etherscan, the fund purchased approximately $10 million in ETH, $1 million in AAVE, and $1 million in LINK on December 11.
Donald Trump's DeFi project, World Liberty Financial, invested $1 million in AAVE tokens, signaling institutional confidence amid the asset's rally.
Aave (AAVE) price has surged to its highest level since September 2021, following a 30% increase in the last 24 hours. The decentralized finance (DeFi) token has seen a sharp spike in activity, with AAVE whale accumulation injecting fresh liquidity into the cryptocurrency.
AAVE, the native token of the Aave lending platform and an open-source protocol, is demonstrating positive price performance on the daily chart. AAVE has experienced the highest daily increase among the top 50 trading cryptocurrencies, demonstrating its soaring price movement.
Chainlink's price has surged significantly after the company swapped millions of USDC for ETH, LINK, and AAVE. The purchase of LINK and AAVE, valued at over $1 million each, coincided with a sudden uptick in their prices.
AAVE price just hit a new yearly high of $382.11 on December 12. Is this the start of a bigger rally?
TL;DR World Liberty Financial, linked to the Trump family, converted $12 million USDC into ETH, AAVE, and LINK, impacting market prices positively. ETH saw a 3.5% increase, AAVE surged by 19%, and LINK rose by 2% following the purchases. The project aims to integrate with leading DeFi platforms and has raised nearly $66.