A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority. A “temperature check” proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community. When voting closed on April 16 more than 99%…
Aave Companies has acquired Sonar, a mobile metaverse app whose users pilot NFT-linked avatars through digital worlds, with plans to integrate its Lens social media protocol with the platform. Following the acquisition, Lens Protocol will be integrated into a game app with about 20,000 monthly active users. Software development company Aave Companies announced on Dec….
The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week, resumes Prashant Jha in Finance Redefined digest on Cointeleptaph. This past week, the DeFi ecosystem saw several new developments related to the DeFi lending crisis as Celsius filed for bankruptcy. At a time when bears…
Legendary billionaire investor Mark Cuban said on Sunday that the U.S. government and regulators should start getting behind crypto innovations, like decentralized finance (DeFi). In other ways, the U.S. will “lose the next great growth engine that this country needs.” Cuban outlined his mind in the blog post named “The Brilliance of Yield Farming, Liquidity…