Aave has changed its name to Avara, in a brand update to align with its web3 ambitions. The firm has also acquired Los Feliz Engineering, the creator of the Family wallet.
Since its launch last year, the stablecoin has grown to around $100 million. However, this amount remains significantly lower than the figures achieved by more recent entrants in the stablecoin market.
Since its launch last year, the stablecoin has grown to around $100 million. However, this amount remains significantly lower than the figures achieved by more recent entrants in the stablecoin market.
Aave has changed its name to Avara, in a brand update to align with its web3 ambitions. The firm has also acquired Los Feliz Engineering, the creator of the Family wallet.
Aave's Lens Protocol has just introduced its V2 upgrade on the Polygon mainnet, enhancing its decentralized social media offering with more interactive and secure social networking.
Spark Protocol, launched by MakerDAO in May 2023, is a DeFi platform offering lending and savings features like Spark Lend and the Dai Savings Rate (DSR). By leveraging real-world assets such as U.S. Treasuries, it delivers competitive yields while facing rising competition in the DeFi space.
Aave is revamping its governance system with the upcoming v3 upgrade, focusing on enhanced voter participation and reduced costs. The protocol is also looking at licensing its codebase.
DeFi projects Curve, Aave and SORA extend their offerings with native stablecoins. All non-custodial by design, these stablecoins are introducing many innovative features.
