Tag: aave (aave)

Jul 11 2022

Celsius Network Withdraws 6k Wrapped BTC Worth $124M from Aave

Summary: Celsius Network has withdrawn 6,083 Wrapped Bitcoin worth $124 million from Aave. Celsius Network also repaid $78 million in USDC to Aave. The lending platform has been winding down on its DeFi positions since mid- June. The financially embattled DeFi lending protocol Celsius Network has withdrawn 6,083 Wrapped Bitcoin worth $124 million from the Aave Protocol. According to a report by the block,...

Jul 07 2022

Aave Submits Governance Proposal to Introduce A Native Decentralized, Collateralized Stablecoin, GHO

Summary: The Aave team has proposed to the project's DAO a plan to introduce a native decentralized, collateralized-backed stablecoin known as GHO that will be pegged to the US Dollar. If the community approves, users will mint GHO against their supplied collaterals. GHO would make stablecoin borrowing on the Aave Protocol more competitive. The team at Aave (AAVE) has initiated a governance proposal...

Mar 17 2022

DeFi’s Aave (AAVE) Up 18% in 24hrs Amidst V3 Upgrade

In brief: The DeFi token of Aave (AAVE) is up by over 18% in the last 24 hours The double-digit increment in value comes in the backdrop of Aave's V3 upgrade With the newest upgrade, users of Aave will enjoy cross-chain transactions, higher efficiencies, new wallet integrations and more AAVE is also exhibiting some bullish momentum on the daily chart The DeFi blue-chip...

Feb 17 2021

Bitwise Launches Defi Crypto Index Fund Tailor-made for Institutions

In brief: Bitwise has launched a new Defi crypto index fund for accredited investors to gain exposure to the sector The DeFi index includes UNI, AAVE, SNX, MKR, COMP, UMA, YFI, ZRX and LRC in weighted proportions The fund's custodian is Anchorage Digital Bank which is the first federally chartered digital asset bank Institutional investors can now access DeFi tokens thanks to a...

Feb 04 2021

Aave (AAVE) Whales Have Increased by 23% in One Month

Quick take: The number of Aave (AAVE) whales has increased from 266 to 327 in the past month This is a 23% increment in the stated time period Aave (AAVE) has been on a massive bullish climb since the year began AAVE opened 2021 at roughly $90 and has just set a new all-time high of $459 - Binance rate The number of...

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