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Aave's Lens Protocol Raises $15M to Expand Social Media on Web3
Video
Aave
Aave's Lens Protocol Raises $15M to Expand Social Media on Web3
Lending protocol Aave's decentralized social-media platform, Lens Protocol, has raised $15 million in funding from a group of high-profile investors. Lens plans to use the fun...
Aave's Lens Protocol Raises $15M to Expand Social Media on Web3
By CoinDesk Staff
Jun 8, 2023 at 5:05 p.m. UTC
Jun 8, 2023
AavecdtvHash clipLens Protocol
(Shutterstock)
Finance
Aave
Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors.
(Shutterstock)
By Jamie Crawley
Jun 8, 2023 at 1:32 p.m. UTC
Jun 8, 2023
AaveLens ProtocolFunding RoundsSocial Media
Algorithmic stablecoins seek balance through unconventional means. (eswaran arulkumar/Unsplash)
Technology
Defi
Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet
The developer proposed two key features for the decentralized stablecoin in a governance post on Tuesday.
Algorithmic stablecoins seek balance through unconventional means. (eswaran arulkumar/Unsplash)
By Shaurya Malwa
Jun 7, 2023 at 10:11 a.m. UTC
Jun 7, 2023
DeFiAaveOn-chain DataToken GovernanceStablecoins
Funds on Aave v2 are temporarily stuck on Polygon. (Markus Winkler/Unsplash, modified by CoinDesk)
Technology
Tech
Aave V2 Users Temporarily Unable to Access $120M on Polygon After Governance Bug
All funds remain safe and a governance proposal is underway to update the faulty strategy, developers said.
Funds on Aave v2 are temporarily stuck on Polygon. (Markus Winkler/Unsplash, modified by CoinDesk)
By Shaurya Malwa
May 23, 2023 at 6:56 a.m. UTC
May 23, 2023
TechAaveDeFiToken Governance
Aave is the Finnish word for ghost (Metis)
Technology
On-chain data
Aave DAO Passes Proposal to Deploy on Ethereum Layer 2 Metis Network
The move could bolster market liquidity for the burgeoning Metis ecosystem, community members say.
Aave is the Finnish word for ghost (Metis)
By Shaurya Malwa
May 8, 2023 at 7:58 a.m. UTC
May 8, 2023
On-chain DataAaveToken Governance
(Getty Images)
Finance
Analysis
Exploit Involving Aave and Yearn Helped Users Make Money
The exploiter paid back Aave users’ USDT debts on its v1 markets, making the total USDT borrowed stand at zero.
(Getty Images)
By Sage D. Young
Apr 13, 2023 at 8:05 p.m. UTC
Apr 13, 2023
AnalysisAaveYearn FinanceExploitHack
(Clint Patterson/Unsplash)
Finance
Aave
DeFi Protocol Yearn Finance Impacted in Nearly $11M Exploit That Occurred Via Aave Version 1
The exploiter was able to steal millions of U.S. dollar-pegged stablecoins, data shows.
(Clint Patterson/Unsplash)
By Shaurya Malwa
Apr 13, 2023 at 6:50 a.m. UTC
Apr 13, 2023
AaveExploitHackOn-chain DataYearn Finance
Aavegotchi's Aave raffle (CoinDesk)
Finance
Aave
Crypto Game Aavegotchi to Build Custom Blockchain Using Polygon Technology
The new platform called Gotchichain is being designed to give gamers lower fees and faster transaction times.
Aavegotchi's Aave raffle (CoinDesk)
By Sage D. Young
Mar 22, 2023 at 3:08 p.m. UTC
Mar 22, 2023
AavePolygonGamingOn-chain Data
(Danny Nelson/CoinDesk)
Finance
Coinbase
Coinbase Is Adding DeFi Apps Uniswap and Aave to Its Base Blockchain: Source
A person familiar with the process said Uniswap would probably appear on Base in a couple of months.
(Danny Nelson/CoinDesk)
By Ian Allison
Mar 14, 2023 at 3:20 p.m. UTC
Mar 14, 2023
CoinbaseUniswapAavelayer 2
Gotchi Guardians (Aavegotchi Blog)
Markets
Token governance
Gaming Protocol Aavegotchi Members Are Voting to End Multiyear Token Sale, Which Could Limit GHST Supply
If passed, roughly $33 million DAI will be allocated to support the development of the Aavegotchi ecosystem.
Gotchi Guardians (Aavegotchi Blog)
By Sage D. Young
Mar 9, 2023 at 7:14 p.m. UTC
Mar 9, 2023
Token GovernanceAaveNFT gamingVote