Aave

Aave Companies successfully acquired the San Francisco-based Metaverse developer Sonar where users can build worlds and interact with user-created spaces using NFTs. As part of the deal, Ben South Lee and Randolph Lee, who are Sonar’s…
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The majority of Aave DAO voters, around 99.9%, want to create a new stablecoin. They pledged half a million AAVE in approving the measure to create GHO – a stablecoin that will be backed by collateral made up of other cryptocurrencies.…
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Open source DeFi protocol Aave is teaming up with Pocket Network to offer developers increased scalability and ease of use when building decentralized applications (DApps) on the Aave Protocol. The protocol will use Pocket’s distributed…
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Aave, the Decentralized Finance (DeFi) giant, has officially revealed that it is planning to launch GHO, an decentralized algorithmic stablecoin. As of now, it is awaiting the approval of the community DAO (Decentralized Autonomous…
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The price of AAVE rocketed over 103% after bottoming at $45.60 on June 18 to almost $95.50 on July 15. It has been up by 25.15% in the last seven days. Aave’s sharp uptrend brought the price closer to the level that had triggered sharp…
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DeFi platform Aave plans to launch an overcollateralized stablecoin GHO. The centralized entity supporting the Aave protocol, Aave Companies, said they have created an ARC for a new decentralized, collateral-backed stablecoin, native to the…
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