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.
Avara, formerly known as Aave, acquired 'Family', a non-custodial Ethereum wallet. The feature-rich wallet, now launched for iOS, offers a high-end UX/UI combined with advanced DeFi features, flexible settings, and a full-fledged messenger.
Avara, formerly known as Aave, acquired 'Family', a non-custodial Ethereum wallet. The feature-rich wallet, now launched for iOS, offers a high-end UX/UI combined with advanced DeFi features, flexible settings, and a full-fledged messenger.
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.
MakerDAO's recent launch, the Spark Protocol, offers enticing yields, drawing significant attention in the DeFi space. But with big players like Aave and Compound around, it's got to work hard to stand out and stay ahead.
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.
