GoodFi, the non-profit decentralized finance alliance, has announced the addition of 22 DeFi industry leaders to its newly formed Board of Advisors including representatives from many of the sector’s top projects. It has been reported that it’s also launched a website to hook new users up with appropriate DeFi protocols. The advisory board features Chainlink account executive, Michael Zacharski, SushiSwap core developer, Omakase, and Aave digital marketing manager, Isa Kivlig

Aave has launched its v2 protocol liquidity mining incentives for paying out governance token rewards exceeding 20% to users who borrow stablecoins. It has been reported that users who deposit stablecoins into the protocol can earn an additional yield of between 4.78% and 13.49% on top of their regular gains in the form of staked Aave (stkAAVE) tokens as of April 27. However, Wrapped Bitcoin (wBTC) deposits are also paying an extra 4.59%, while Ether (ETH) deposits are garner

Aave, the lending platform, has teamed up with Balancer, the automated market maker, to increase depositor yields. It has been reported that Fernando Martinelli, the CEO of Balancer, unveiled plans for the project, named the Balancer V2 Asset Manager. In essence, the integration will allow users to earn two forms of return on their deposits: trading fees and yield farming from Balancer, in addition to lending interest from Aave. However, in Balancer’s current architecture, us

The AAVE price was driven to a new all-time high by increasing value demand for flash loans and a strong rally in DeFi tokens. For weeks, Aave (AAVE) has been on an unfavorable matchup and the DeFi-token surged on January 25 to a fresh all-time high of $288.90. The decentralized finance protocol is among the most famous in the market and is one of the major factors underlying AAVE’s rise is the recent rally in the DeFi sector. #AAVE reached a new all-time high at $288 as the

Report said that a proposal from Delphi Digital is seeking to alter Aave’s Safety Module and create a new insurance product offering, as a full year of Aave (Aave’s January 8th “Aaveversary”) on Ethereum mainnet, there was also a look into Aave’s possible future. It has been reported that $aave governance token holders can stake their tokens in the Safety Module, a pool of liquidity designed to help insure the protocol against a “shortfall event” such as a smart contract expl

Aave has become the latest decentralized finance (DeFi) project to transfer governance rights to its token holders. It has been reported that Aave announced that the protocol’s admin keys had been transferred from its core developers to governance communities under the command of holders of its native LEND utility token. The report stated: “Today marks a historic moment for the Aave Protocol: we have officially handed over the protocol admin keys to the governance, an importa

Global DeFi Alliance, Huobi’s decentralized finance (DeFi) consortium, has welcomed 10 new members, bringing its total membership to 15 that include Curve Finance, Aave, Synthetix, Balancer Labs, Loopring, Zapper, Zerion, Bitpie, Mykey, and CoinGecko. It has been reported that they join founding members Maker Foundation, Compound, NEST Community, dYdX, and Huobi DeFi Labs to explore “cross-border collaboration opportunities” and promote the development of the DeFi ecosystem.

Synthetix (SNX) has reached the $1 billion in value locked milestone, following other DeFi protocols like Compound and Aave, as Synthetix has been one of the many DeFi tokens that have made substantial gains in 2020, having hit its all-time high of $7.32 on August 15 and rallied more than 400% year-to-date. It has been reported that most of the hype around the 2020 altcoin season has been focused around lending, liquidity, and yield farming within crypto. However, Synthetix h

DeFi projects gained speed in the past few months as locked in value reaches $9.02 billion. It has been reported that Aave continues to be the largest DeFi project, with $1.71 billion locked, followed by MakerDAO with $1.43 billion, Balancer at $1.36 billion, Curve Finance at $1.26 billion, yearn.finance at $953.6 million, and Synthetix with $871 million. However, Yearn’s YFI token surged 75% in the past day, with its price hitting $38,883 on Binance, as the price moved its m

DeFi lending protocol Aave has raised $3 million from Framework Ventures and Three Arrows Capital through Aave’s native LEND token sale  in place of their upcoming Aavenomics Upgrade. Both the investment firms had purchased $3 million of LEND at $0.10 per token, a stake now worth around $7 million. AAVE staking comes alongside with yield farming rewarding from protocol usage, similar to COMP and BAL liquidity mining schemas which have driven exponential growth in recent weeks

DeFi lending startup Teller has recently raised $1 million in seed funding to build its first algorithmic credit risk protocol for decentralized finance. The product will provide aggregated aggregated data into the DeFi lending markets through its interaction with legacy credit scoring systems such as Equifax. 🙌🙌 Today we are excited to announce our $1M fundraise led by @hiFramework followed by @paraficapital & @Maven11Capital We look forward to bringing undercollateraliz

Aave, the leading open-source and non-custodial protocol, has recently launched a new feature called Credit Delegation allowing users to provide peer-to-peer loans with no formal collateral requirements. Stani Kulechov, the CEO of Aave Protocol, explained on how the system will work: @AaveAave is starting native Credit Delegation (CD). Aave depositors can delegate their credit lines. For example, Karen deposits an asset such as USDT to @AaveAave and delegates her credit line

The Aave lending protocol introduces a new market based on Uniswap liquidity tokens. It lets depositors borrow assets against these synthetic tokens. On May 28 an announcement was made by Uniswap market on its launch stating that it lets holders of specific liquidity tokens use them as collateral to borrow crypto assets from the protocol. What do you get when you cross a unicorn with a ghost? 🦄👻 The new Aave money market: The Uniswap Market! 💫🌟👏 Check out our latest bl