Aave Raised $3M From Framework Ventures and Three Arrows Capital Through LEND Token
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