Breaking News: AAVE – Market Insights, Analysis & Latest Updates

Peregrine Exploration raises $3.6 million from Polychain, Dragonfly for restaking-focused stablecoin protocol Level

Peregrine Exploration has announced a $3.6 million funding round co-led by Polychain Capital and Dragonfly. The funds will be used to develop a stablecoin protocol called Level. Level aims to be the first stablecoin protocol backed by restaked dollar tokens.

theblock.co • 29/08/2024 - 12:00 PM

The Daily: Microsoft-backed startup's $20 million raise, Aave Labs' proposed integration with BlackRock's BUIDL, MakerDAO's rebrand and more

Microsoft-backed blockchain and AI startup Space and Time raised another $20 million. Aave Labs proposed integrating BlackRock’s BUIDL with the GHO stability module. MakerDAO rebranded to Sky, with the DAI stablecoin optionally upgradeable to USDS. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 27/08/2024 - 17:52 PM

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Aave Labs proposes integrating GHO stability module with BlackRock’s BUIDL

Aave Labs proposes to update the GHO Stability Module to enhance stablecoin management by integrating BlackRock's tokenized fund, BUIDL, allowing efficient token swaps and potential dividends.

theblock.co • 27/08/2024 - 09:27 AM

Aave launches on ZKsync-powered Era mainnet, hoping to leverage it to 'fullest potential'

Decentralized lending protocol Aave deployed Aave V3 on the Era mainnet, utilizing ZKsync technology. Chainlink will provide price feeds for the integration, which the teams view as having potential for privacy-focused DeFi and institutional applications.

theblock.co • 21/08/2024 - 16:35 PM

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Aave token retakes $110 price point as number of weekly borrowers hits all-time high

Aave's governance token price rose 9% with record active borrowers, reflecting increased optimism and volatility in the DeFi lending market, which saw significant liquidations this month.

theblock.co • 15/08/2024 - 14:28 PM

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Aave's fee switch proposal sparks major rally in AAVE token

Marc Zeller proposed a fee switch for Aave, boosting AAVE's market cap by 15%. The price surge reflected market optimism, while protocol metrics remained stable after the proposal.

theblock.co • 29/07/2024 - 19:20 PM

Aave proposal considers activating fee switch and buying back tokens from open market

Aave may adopt a fee switch to redistribute net excess revenue to key users, aiming to enhance protocol maturity and generate new revenue streams for its users.

theblock.co • 25/07/2024 - 15:02 PM