OG DeFi project dynamics review: Aave and MakerDAO’s ambitions and prospects
Although the price performance of the currency is not as violent as the surge in emerging meme coins, the old DeFi blue chips still play an important role in the market.
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Although the price performance of the currency is not as violent as the surge in emerging meme coins, the old DeFi blue chips still play an important role in the market.
The deployment of the GHO stablecoin on the Ethereum Layer 2 network will utilize Chainlink’s CCIP interoperability protocol.
Stablecoins safeguard against market swings, backed by fiat or crypto, and maintain liquidity even amidst economic downturns, dominating 8.42% of the crypto market.
Aave's community has voted to integrate Renzo Protocol and ezETH into the Ethereum ecosystem, enhancing the platform's lending capabilities and operational efficiency. This move reflects the community's commitment to offering innovative services and ensuring Ethereum remains at the forefront of DeFi networks.
Aave sparked a debate over Maker’s growing USDe collateral.
BNB broke through to $630 this morning, less than 10% away from the all-time high of $690, while SOL is still over 50% away from the previous high of $260.
The original MakerDAO core team leads the new narrative of Ajna lending.
Aave's bullish trends detected by Santiment, with increased wallet holdings and favorable RSI readings.
The total Volume of the Dodoor NFT on OpenSea is 2118 ETH.
The embattled platform continues to wind down its debts to decentralized finance (DeFi) lending protocols, having just paid off 20 million USDC to Aave.